Liberty Meetings Draw Crowd in London as Virgin Media Bonds Sink

Markets Bonds Contact us:Provide news feedback or report an error Confidential tip?Send a tip to our reporters Site feedback:Take our Survey By Giulia Morpurgo , Irene Garcia Perez , and Edward Clark October 9, 2026 at 4:56 PM UTC Takeaways by Bloomberg AI Liberty Global Ltd. drew a crowd on Thursday at a Morgan Stanley leveraged-finance conference in London as investors peppered executives about the cratering debt of its telecommunications joint venture. Bonds of Virgin Media O2 , the British firm that Liberty co-owns with Telefónica , have been in free-fall since last week, tumbling deep into distressed territory. The securities are a key component of the European high-yield index, so the losses have broad implications for junk investors.