BlackRock, Pimco, Sona Tap Counsel Over Virgin Media-Tied Deal

Some of Virgin Media O2’s biggest creditors are getting legal advice from Milbank LLP after a UK regulator flagged concerns over a deal that would have provided the company with...

By Giulia Morpurgo and Irene García Pérez · Bloomberg Markets

Some of Virgin Media O2’s biggest creditors are getting legal advice from Milbank LLP after a UK regulator flagged concerns over a deal that would have provided the company with much-needed cash, according to people familiar with the matter.