Fried Frank advises Virgin Media on largest high yield bond offering in Europe since 2007 |
| June 3, 2009 |
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London, 3 June 2009 — Fried Frank has advised Virgin Media Inc. in the offering by its wholly owned subsidiary, Virgin Media Finance PLC. The offering was for US$1bn equivalent aggregate of Senior Notes due 2016, split into a US$750m tranche and a €180m tranche. This is the largest high yield bond offering in Europe in the last two years. The Fried Frank team was led by London partners Tim Peterson, Bob Mollen and Rob McBride and included London associates Askan Denstaedt and Fredrik Skribeland. Partners Keith Featherstone (London) and Lisa Levy (NY) advised on the tax aspects. |
