Filed Pursuant to Rule 433
Registration Statement Nos. 333-135662,
333-135662-01, 333-135662-02,
333-135662-03, 333-135662-04,
333-135662-05, 333-135662-06
Issuer: | | NTL Cable PLC |
Security Description: | | Senior Notes |
Distribution: | | SEC registered |
Face amount: | | $550,000,000 |
Gross proceeds: | | $550,000,000 |
Maturity: | | August 15, 2016 |
Coupon: | | 9.125% |
Price: | | 100% of face amount |
Yield to maturity: | | 9.125% |
Spread to Benchmark Treasury: | | +402 |
Benchmark Treasury: | | T 5.125% due 5/15/16 |
Interest Payment Dates: | | August 15 and February 15, commencing February 15, 2007 |
Redemption Provisions: | | |
First call date: | | August 15, 2011 |
Make-whole call | | Before the first call date at a discount rate of Treasury plus 50 basis points |
Redemption prices: | | Commencing August 15, 2011: 104.563% Commencing August 15, 2012: 103.042% Commencing August 15, 2013 101.521% Commencing August 15, 2014: 100% |
Redemption with proceeds of equity offering | | Prior to August 15, 2009, up to 40% may be redeemed at 109.125% |
Trade date: | | July 18, 2006 |
Settlement: | | T+5; July 25, 2006 |
CUSIP: | | 62941FAH1 |
ISIN: | | US62941FAH10 |
Common Code: | | 026202361 |
Denominations: | | $US 100,000 minimum; $1,000 increments |
Ratings: | | B2/B- |
Bookrunners: | | JPMorgan Deutsche Bank Goldman Sachs International The Royal Bank of Scotland |
Co-Leads | | BNP Paribas HSBC |
Co-Managers: | | Calyon Fortis Bank |
Additional information: | | Tranche C Loan: “C Facility Margin” is equal to 275 basis points (above LIBOR). Tranche C loan is denominated in ₤. Change of control modification: change of control of the Company not caused by a person or group becoming beneficial owner of 50% of the Company, if that person is the Parent or a Wholly-Owned Subsidiary of Parent (and there is no change of control of Parent). |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling collect 1-800-245-8812.
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United Kingdom: Stabilisation/FSA.