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BenMcr · 15-02-2010, 14:23

Saw this over on a comment on the Guardian article

http://www.ft.com/cms/s/0/5c024c4c-0...44feabdc0.html

Virgin has undertaken a series of refinancing deals that have reduced net debt and postponed the maturity dates of loans towards the end of the decade. Because of that, said Mr Berkett, there was "no compelling need" to sell assets such as Virgin Media's pay-TV channels, which include Living and Bravo.

15-02-2010, 14:23	#36
BenMcr Virgin Media Staff Join Date: Nov 2006 Location: Manchester Services: 360 x2, Maxit TV, Sky Sports and Sky Cinema. Gig1 Posts: 17,929	Re: Sky makes £160m bid for VM channels Saw this over on a comment on the Guardian article http://www.ft.com/cms/s/0/5c024c4c-0...44feabdc0.html Virgin has undertaken a series of refinancing deals that have reduced net debt and postponed the maturity dates of loans towards the end of the decade. Because of that, said Mr Berkett, there was "no compelling need" to sell assets such as Virgin Media's pay-TV channels, which include Living and Bravo.