Virgin Media Inc. (NASDAQ: VMED) announced Wednesday it has paid off another 178 million British pounds ($264.6 million) of its bond debt, according to Associated Press.
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The notes were issued in 2004 and are due in 2014.
Virgin said the latest buybacks bring the total debt it has repurchased over the past three years to 815 million British pounds. The company says it has no more than 200 British pounds ($297.4 million) of debt due in any single year before 2015.
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