Title:

VMED Reports Low 1Q08 Churn Rate, Markets Convert

Price:$150.00
Publication Date:Apr 10, 2008
Source:CreditSights Inc
Report Type:Article
Abstract:Virgin Media has announced that it plans to issue a $1 billion Convert due in 2016 and disclosed a dramatic improvement in churn to help support the deal.
Brief Excerpt: VMED Reports Low #Q## Churn Rate, Markets Convert The proceeds from the $# bilion convert will be used to pay down part of the Senior Facilities, pushing back VMED's earliest maturities to ####. The issue will be interesting to track...
Word Count:849
Report Type:Article
Topic:Companies with Convertibles, High Yield
Format:HTML HTML
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CreditSights is an independent research platform comprised of a team of analysts with both buy-side and sell-side experience in the U.S. and overseas. CreditSights' research focuses on global corporate and sovereign issuers, which have securities that are actively traded in the corporate bond, credit derivatives and/or equity-linked markets. Sector coverage is broad-based and includes telecom, technology, and media; autos and general industrials; utilities and energy; financial services; commodity cyclicals; retail and consumer products; and aerospace and defense. Emerging markets coverage includes the major Latin American, Asian and Eastern European countries. The focus of CreditSights research is to help investors make decisions by distilling and interpreting significant developments and specific events affecting individual companies, industries, or the securities markets as a whole.

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