Goldman Says Some of Virgin Media’s Beaten-Down Bonds Are a Buy
Goldman Sachs Group Inc.’s traders are urging credit investors to take another look at some of the beaten-down bonds from Virgin Media O2 and VodafoneZiggo, just months after weaker earnings and mounting competition sent the telecom companies’ debt sliding.
<p>Goldman Sachs Group Inc.’s traders are urging credit investors to take another look at some of the beaten-down bonds from Virgin Media O2 and VodafoneZiggo, just months after weaker earnings and mounting competition sent the telecom companies’ debt sliding.</p>