VMED O2’s Multicurrency Green Bonds Listing

Ogier has acted for VMED O2 UK on the listing of two green bonds on The International Stock Exchange sustainable market segment.VMED O2 UK listed its $1,400,000,000 4.75% Senior Secured Notes due 2031 and £675,000,000 4.5% Senior Secured Notes due 2031.

VMED O2 has developed a green bond framework, which is aligned with the Green Bond Principles 2021, as administered by the International Capital Market Association (ICMA), and under which it is issuing green bonds and using the proceeds to finance and/or refinance projects that will contribute to the decarbonisation of the company’s operations.

Virgin Media O2 (legally VMED O2 UK Limited) is a British mass media and telecommunications company based in London, England.

The Ogier team was led by Raulin Amy (Picture), Director of Ogier Corporate Finance Limited, and included Lucy Chambers and Emily Renouf.

Involved fees earner: Raulin Amy – Ogier LLP; Lucy Chambers – Ogier LLP; Emily Renouf – Ogier LLP; Law Firms: Ogier LLP; Clients: VMED O2 UK;

Author: Giulia Di Palma