National Storage Mechanism | Additional information
RNS Number : 4154Q
Deutsche Bank AG London
18 June 2020
 

18 June 2020

 

 

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful

 

Virgin Media Vendor Financing Notes III Designated Activity Company
Post-Stabilisation Notice

 

Pursuant to Article 6(3) of Commission Delegated Regulation (EU) 2016/1052 supplementing Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation, Deutsche Bank AG, London Branch (contact: Diarmuid Toomey, telephone +44 (0)207 5454726) hereby gives notice that stabilisation was undertaken by the Stabilising Manager named below in relation to the offer of the following securities.

 

 

The Securities:

 

Issuer:

Virgin Media Vendor Financing Notes III Designated Activity Company


Guarantor (if any):


Virgin Media Investment Holdings Limited, Virgin Media Limited, Virgin Mobile Telecoms Limited, Virgin Media Senior Investments Limited


Aggregate nominal amount:


GBP 400,000,000 Fungible add-on (Total tranche size: GBP 900,000,000)


Description:


GBP 400m, fungible Vendor Financing Notes add-on, 4.875% Coupon due July 2028 (RegS ISIN: XS2187646901, 144A ISIN: XS2187651497)

Issue/reoffer Price:

99.50

Spread over benchmark:

482bps

Trading venue on which stabilisation occurred:

Irish Stock Exchange


Stabilisation:

            

Stabilising Manager(s):         Deutsche Bank AG, London Branch

 

Stabilisation started:             11th June 2020

 

Stabilisation last occurred:    11th June 2020

 

 

 

 

 

 

 

 

 

For each of the dates during which stabilisation transactions were carried out, the price range was as follows:

VMED 4.875% VFNs, due 2028

Date:            

Lowest Price (GBP):

Highest Price (GBP):

11/06/2020

99.500

99.500

 

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

 

This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.


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