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Filed pursuant to Rule 424(b)(3)
Reg Nos. 333-72335 and 333-72335-01
PROSPECTUS SUPPLEMENT NO. 3
(To Prospectus dated June 7, 1999)
NTL Communications Corp.
7% Convertible Subordinated Notes Due 2008
(NTL Incorporated shares of common stock)
This Prospectus Supplement No. 3 supplements and amends the Prospectus
dated June 7, 1999, as amended and supplemented by the Prospectus Supplements
dated July 7, 1999 and August 10, 1999 (the "Prospectus"), relating to the 7%
Convertible Subordinated Notes Due 2008 (the "Convertible Notes") of NTL
Communications Corp. and the shares of NTL Incorporated's common stock, par
value $.01 per share ("Common Stock"), issuable upon conversion of the
Convertible Notes.
The table on pages 75 through 80 of the Prospectus sets forth information
with respect to the Selling Securityholders (as defined in the Prospectus) and
the respective amounts of Convertible Notes beneficially owned by each Selling
Securityholder that may be offered pursuant to the Prospectus (as supplemented
and amended). This Prospectus Supplement amends that table by (1) correcting the
amount of common stock to be registered for Aim High Yield II Fund, with the
corresponding item set forth below, and (2) adding the remaining items set forth
below to that table.
<TABLE>
<CAPTION>
PRINCIPAL AMOUNT
AT MATURITY PERCENT
OF DEBENTURES OF TOTAL COMMON STOCK COMMON STOCK
BENEFICIALLY OUTSTANDING OWNED PRIOR TO BE
OWNED AND CONVERTIBLE TO ORIGINAL REGISTERED BY
SELLING SECURITY HOLDERS OFFERED NOTES OFFERING THE PROSPECTUS
------------------------ ---------------- ----------- ------------ --------------
<S> <C> <C> <C> <C>
1. Aim High Yield II Fund 30,000 * none 490
2. Credit Suisse First Boston Corporation 250,000 * none 4,082
3. PIMCO Convertible Bond Fund 300,000 * none 4,898
</TABLE>
The Prospectus, together with this Prospectus Supplement No. 3, constitutes
the prospectus required to be delivered by Section 5(b) of the Securities Act of
1933, as amended, with respect to offers and sales of the Convertible Notes and
the Common Stock issuable upon conversion of the Convertible Notes.
Prospective investors should carefully consider matters discussed under the
caption "Risk Factors" beginning on page 10 of the Prospectus.
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND
EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES
AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE
ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE.
The date of this Prospectus Supplement No. 3 is October 6, 1999.
<PAGE>
[FOLLOWING IS A RESTATEMENT OF PAGES 75-80 OF THE PROSPECTUS DATED JUNE 7, 1999,
AS AMENDED AND SUPPLEMENTED BY THE PROSPECTUS SUPPLEMENTS DATED JULY 7, 1999,
AUGUST 10, 1999 AND OCTOBER 6, 1999]
SELLING SECURITYHOLDERS
<TABLE>
<CAPTION>
PRINCIPAL AMOUNT
AT MATURITY PERCENT
OF DEBENTURES OF TOTAL COMMON STOCK COMMON STOCK TO
BENEFICIALLY OUTSTANDING OWNED PRIOR BE REGISTERED
OWNED AND CONVERTIBLE TO ORIGINAL BY THE
SELLING SECURITY HOLDERS OFFERED NOTES OFFERING PROSPECTUS (1)
- ------------------------ ---------------- ----------- ------------ ---------------
<S> <C> <C> <C> <C>
Aim High Yield Fund $ 5,000,000 * none 81,632
Aim High Yield II Fund 30,000 * none 490
Albert Luce, Jr. 140,000 * 40,000 2,285
Alexandra Global Investment Fund I LTD 2,000,000 * none 32,653
Allegheny Teledyne Inc. Pension Plan 700,000 * none 11,428
Alpine Associates 4,750,000 * none 77,550
Alpine Partners, L.P. 500,000 * none 8,163
Alsam Foundation 150,000 * 5,613 2,448
Alscott Investments, LLC 2,200,000 * none 35,918
American Stores 900,000 * 16,954 14,693
Argent Convertible Arbitrage Fund Ltd. 2,500,000 * none 40,816
Argent Classic Convertible Arbitrage Fund L.P. 5,650,000 * none 92,244
Argent Classic Convertible Arbitrage Fund (Bermuda) L.P. 16,350,000 2.73 none 266,938
Aristeia International Ltd. 1,749,000 * none 28,555
Aristeia Trading, LLC 1,251,000 * none 20,424
Arkansas Teachers Retirement 1,757,000 * none 28,685
Aspen Partner's 300,000 * 3,300 4,897
Associated Jewish Charities of Baltimore 250,000 * 10,490 4,081
AXP Bond Fund Inc. 880,000 * none 14,367
AXP Variable Portfolio-Bond Fund 340,000 * none 5,551
AXP Variable Portfolio-Managed Fund 480,000 * 3,825,000 7,836
BancBoston Robertson Stephens 500,000 * none 8,163
Bancroft Convertible Fund, Inc. 1,750,000 * none 28,571
Bankers Trust Trustee For Chrysler Corp. Emp #1 Pension
Plan dated 4/1/89 1,630,000 * none 26,612
Baptist Health of South Florida 160,000 * none 2,612
Bear Stearns & co Inc. 1,410,000 * none 23,020
Bill W. Mintz TTEE Revocable Trust 200,000 * none 3,265
Blue Cross Blue Shield of Michigan Retirement Income 1,110,000 * 43,229 18,122
BNP Arbitrage SNC 2,500,000 * 16,300 40,816
Boston Museum of Fine Arts 113,000 * none 1,844
Brown Family Trust A 100,000 * 3,661 1,632
Brown University 1,500,000 * 62,836 24,489
BTC Partners LLP 130,000 * 40,000 2,122
The California Endowment 1,250,000 * 33,000 20,408
California Healthcare Foundation 600,000 * 22,783 9,795
Caregroup Pension Plan 45,000 * 12,000 734
Catholic Healthcare West Funded Depreciation 335,000 * 30,800 5,469
<PAGE>
PRINCIPAL AMOUNT
AT MATURITY PERCENT
OF DEBENTURES OF TOTAL COMMON STOCK COMMON STOCK TO
BENEFICIALLY OUTSTANDING OWNED PRIOR BE REGISTERED
OWNED AND CONVERTIBLE TO ORIGINAL BY THE
SELLING SECURITY HOLDERS OFFERED NOTES OFFERING PROSPECTUS (1)
- ------------------------ ---------------- ----------- ------------ ---------------
Catholic Healthcare West Retirement 335,000 * 9,600 5,469
Catholic Healthcare West Self Insurance 125,000 * 3,300 2,040
Catholic Healthcare West Workers Compensation 90,000 * 2,400 1,469
CBBB Cotenancy 220,000 * 7,939 3,591
Chase Manhattan NA Trustee For IBM Retirement Plan dated 12/18/45 2,772,000 * none 45,257
Cheyne Walk Trust 725,000 * 18,406 11,836
Christine Russell Revocable Trust 500,000 * 12,562 8,163
CIBC Wood Grundy International Equity Arbitrage Corp. 3,500,000 * none 57,142
Citibank, et al Employees Retirement Plan 2,070,000 * 507,000 33,795
Clorox Co. Employee Benefits 400,000 * 16,550 6,530
Colgate-Palmolive Company Retirement Trust 800,000 * none 1,306
Conseco Direct Life 700,000 * none 11,428
Corlon Associates I 400,000 * 10,923 6,530
Corlon Co. Foundation 110,000 * 2,879 1,795
Cowles Investment Partnership 180,000 * 6,726 2,938
CPR (USA) Inc. 275,000 * none 4,489
Credit Suisse First Boston Corporation 250,000 * none 4,082
Deeprock & Co. 1,000,000 * none 16,326
D.E. Shaw & Co. 1,000,000 * none 16,326
Deutsche Bank Securities Inc. 38,730,000 6.46 none 632,326
Discovery Group of Funds 190,000 * 6,837 3,102
Donald G. Linber & Joyce Linber, jnt 27,000 * 986 440
Donaldson, Lufkin & Jenrette Securities Corp. 22,545,000 3.76 none 368,081
Duckbill & Co. 1,000,000 * none 16,326
Duke University Employees Retirement Plan 160,000 * 45,000 2,612
Duke University Long Term Pool 780,000 * 210,000 12,734
East Bay Community Foundation 230,000 * 3,755
East Oakland Youth Development Fund 160,000 * 5,069 2,612
Ellsworth Convertible Growth and Income Fund, Inc. 1,250,000 * none 20,408
Engineers Joint Pension Fund 303,000 * none 4,946
Erin Partners Two 65,000 * 2,329 1,061
Fidelity Fixed-Income Trust: Fidelity High Income Fund 17,020,000 2.84 none 277,877
Fidelity Summer Street Trust: Fidelity Capital & Income Fund 3,000,000 * none 48,979
Fidelity Management Trust Company on behalf of accounts
managed by it 2,980,000 * none 48,652
Forest Performance Fund LP 165,000 * none 2,693
Forest Alternative Strategies Fund II LP Series A-5M 240,000 * none 3,918
Forest Alternative Strategies Fund II LP Series A-5T 780,000 * none 12,734
Forest Fulcrum Fund LP 7,700,00 * none 125,714
Forest Global Convertible Fund Series A-5 9,700,000 1.62 none 158,367
<PAGE>
PRINCIPAL AMOUNT
AT MATURITY PERCENT
OF DEBENTURES OF TOTAL COMMON STOCK COMMON STOCK TO
BENEFICIALLY OUTSTANDING OWNED PRIOR BE REGISTERED
OWNED AND CONVERTIBLE TO ORIGINAL BY THE
SELLING SECURITY HOLDERS OFFERED NOTES OFFERING PROSPECTUS (1)
- ------------------------ ---------------- ----------- ------------ ---------------
Forest Global Convertible Fund Series B-1 65,000 * none 1,061
Franklin & Marshall College 127,000 * none 2,073
The Gabelli Global Convertible Securities Fund 145,000 * none 2,367
General Electric Pension Trust 1,000,000 * 875,000 16,326
General Motors Welfare Benefit Trust 1,000,000 * none 16,326
Geo-Volor Ltd. 500,000 * 22,451 8,163
The Georgia International Fund Ltd. 200,000 * 63,637 3,265
Georgia Partners 20,000,000 3.33 543,238 326,530
Glaxo Wellcome Benefits Plan 450,000 * 252,000 7,346
Glaxo Wellcome Cash Balance Plan 450,000 * 20,800 7,346
Global Bermuda Limited Partnership 1,500,000 * 22,250 24,489
Golden Rule Insurance Company 1,600,000 * none 26,122
Goldman, Sachs & Co. 1,000,000 * none 16,326
GranGem 23 41 LLC 250,000 * none 4,081
Greyhound Lines 50,000 * none 816
Greyhound Lines Inc. Amalgamated CNCL Retirement & Disability TR
Imperial TR c/o Forest Investment Management LLC 70,000 * none 1,142
Guide Dogs for the Blind 500,000 * 11,595 8,163
HBK Cayman L.P. 4,944,000 * none 80,718
HBK Offshore Fund Ltd. 9,356,000 1.56 4,875,000 152,750
Henry J. Kaiser Family Foundation 550,000 * 13,236 8,979
Hign Bridge Capital Corporation 10,000,000 1.66 none 163,265
Horowitz Limited Partnership I 150,000 * 5409 2,448
H&S Partners I, L.P. 20,000,000 3.33 none 326,530
The Income Fund of America, Inc. 50,000,000 8.33 none 816,325
Indiana University Foundation 650,000 * 309,000 10,612
Jackson Investment Fund Ltd. 625,000 * none 10,204
James Irvine Foundation 900,000 * 35,448 14,693
JanusCapital Corporation 19,378,000 3.23 none 316,374
Janus Growth and Income 2,340,000 * none 38,204
Janus Balance Fund 8,550,000 1.43 none 139,591
Janus Aspen Balanced 3,249,000 * none 53,044
Janus High Yield 1,000,000 * none 16,326
Janus Aspen High Yield 35,000 * none 571
Janus Equity Income Fund 3,874,000 * none 63,248
Janus Aspen Growth and Income 10,000 * none 163
JWF Balanced Fund 285,000 * none 4,653
JWF High Yield Bond Fund 35,000 * none 571
Janus Capital Corporation IDEX Balanced Fund 387,000 * none 6,318
Jeffrey Rymer 35,000 * 1,090 571
<PAGE>
PRINCIPAL AMOUNT
AT MATURITY PERCENT
OF DEBENTURES OF TOTAL COMMON STOCK COMMON STOCK TO
BENEFICIALLY OUTSTANDING OWNED PRIOR BE REGISTERED
OWNED AND CONVERTIBLE TO ORIGINAL BY THE
SELLING SECURITY HOLDERS OFFERED NOTES OFFERING PROSPECTUS (1)
- ------------------------ ---------------- ----------- ------------ ---------------
Jicarilla Apache Tribe 2,100,000 * 16,957 34,285
JMB Children's Holding Co. 600,000 * 165,000 9,795
JMG Convertible Investments L.P. 6,000,000 1.00 none 97,959
John Robert 110,000 * 4,258 1,795
J.P.Morgan & Co. Inc. 12,000,000 2.00 37,466 195,918
Julius Baer Securities 700,000 * none 11,428
Lakeshore International, Ltd. 3,000,000 * 44,450 48,979
Lazard Freres & CIE Paris 700,000 * none 11,428
LB Series Fund Inc. High Yield Portfolio 2,500,000 * none 40,816
LDG Limited 250,000 * none 4,081
Libertyview Plus Fund 225,000 * none 3,673
Loomis Sayles & Company, L.P. for Benefit of New England High
Income Bond Fund 1,000,000 * none 16,326
LLT Limited 880,000 * none 14,367
Mainstay Convertible Fund 4,000,000 * none 65,306
McMahon Securities Company, L.P. 2,715,000 * none 44,326
Melinda Marfield Trust 35,000 * 1,254 571
Metropolitan Museum of Art 750,000 * 215,000 12,244
MGBA Investments 100,000 * 4,102 1,632
Michigan State University 400,000 * 12,233 6,530
Milton L. Schwartz Revocable Family Trust 110,000 * 4,209 1,795
Monumental Life Insurance Company - (teamsters-camden non-enhanced) 7,000,000 1.17 none 114,285
Morgan Stanley Dean Witter 5,500,000 * none 89,795
Morgan Stanley Dean Witter Convertible Securities Trust 2,500,000 * none 40,816
Mount Sinai School of Medicine 800,000 * none 13,061
Museum of Fine Arts, Boston 16,000 * none 261
National Bank of Canada 900,000 * none 14,693
NationsBanc Montgomery Securities LLC 1,500,000 * none 24,489
N.B. Giustina Trust 150,000 * 6,762 2,448
New Hampshire Retirement System 94,000 * none 1,534
New York Life Insurance Company 10,750,000 1.79 none 175,509
Nicholas Applegate Convertible Fund 530,000 * none 8,653
NMS Services Inc. 10,000,000 1.67 none 163,265
Oak Foundation USA, Inc. 200,000 * 297,800 3,265
Oppenheimer Champion Income Fund 11,700,000 1.95 none 191,020
Oppenheimer Strategic Income Fund 10,250,000 1.71 none 167,346
Oppenheimer High Yield Fund 2,000,000 * none 32,653
Oppenheimer Strategic Bond Fund 400,000 * none 6,530
Oppenheimer High Income Fund 3,550,000 * none 57,959
Oppenheimer Convertible Securities Fund 4,000,000 * none 65,306
<PAGE>
PRINCIPAL AMOUNT
AT MATURITY PERCENT
OF DEBENTURES OF TOTAL COMMON STOCK COMMON STOCK TO
BENEFICIALLY OUTSTANDING OWNED PRIOR BE REGISTERED
OWNED AND CONVERTIBLE TO ORIGINAL BY THE
SELLING SECURITY HOLDERS OFFERED NOTES OFFERING PROSPECTUS (1)
- ------------------------ ---------------- ----------- ------------ ---------------
OZ Master Fund, Ltd. 3,000,000 * none 48,979
OS Ventures 120,000 * 3,607 1,959
Pace Setter 1, L.P. 1,000,000 * none 16,326
Pacific Life Insurance Company 500,000 * none 8,163
Palladin Securities, LLC 700,000 * none 11,428
Pell Rudman Trsu Co, NA 1,400,000 * 82,334 22,857
Penn Treaty Network America Insurance Company 110,000 * none 1,795
Peoples Benefit Life Insurance Company 6,000,000 1.00 none 97,959
Peyton Anderson Foundation 260,000 * 65,000 4,244
PGEP III LLC 700,000 * none 11,428
Pilgrim Convertible Fund 2,610,000 * none 42,612
PIMCO Convertible Bond Fund 300,000 * none 4,898
Pitney Bowes Retirement Fund 6,540,000 1.09 none 106,775
Prime 66 Partners, Inc. 50,000,000 8.33 4,384,871 816,325
Pro Mutual 59,000 * none 963
Putnam Convertible Income Growth Trust 5,520,000 * none 90,122
Putnam Convertible Opportunities and Income Trust 46,000 * none 751
Quattro Offshore Fund Ltd. 250,000 * none 4,081
R2 Investments, LDC 8,500,000 1.42 5,240,000 138,775
Radiology Associates Employee Benefit 250,000 * 9,759 4,081
Radiology Group Profit Sharing Plan 80,000 * 2,759 1,306
Radiology Medical Group Pension Plan 75,000 * 2,602 1,224
Radiology Medical Group P/S San Diego 40,000 * 13,000 653
Ralco Inc. 200,000 * 8,451 3,265
Ramius, L.P. 1,583,000 * none 25,844
Ramius Fund, Ltd. 2,375,000 * none 38,775
RCG Baldwin L.P. 792,000 * none 12,930
RCM Financial Services LP 350,000 * 115,000 5,714
Ridgeway/Floum Profit Sharing Plan 100,000 * 2,930 1,632
Riverside Church 450,000 * 17,140 7,346
Ronald Family Trust A 850,000 * 26,221 13,877
S&J Partners 120,000 * 4,134 1,959
Salomon Brothers Asset Management, Inc. 29,050,000 4.84 none 474,284
Salomon Smith Barney Inc. 1,100,000 * none 17,959
San Diego City Retirement 839,000 * none 13,697
Sbaggs Family Foundation 110,000 * 2,966 1,795
S.C. Johnson Retirement Plan 240,000 * 8,999 3,918
<PAGE>
PRINCIPAL AMOUNT
AT MATURITY PERCENT
OF DEBENTURES OF TOTAL COMMON STOCK COMMON STOCK TO
BENEFICIALLY OUTSTANDING OWNED PRIOR BE REGISTERED
OWNED AND CONVERTIBLE TO ORIGINAL BY THE
SELLING SECURITY HOLDERS OFFERED NOTES OFFERING PROSPECTUS (1)
- ------------------------ ---------------- ----------- ------------ ---------------
South Fork Partners 4,000,000 * 108,448 65,306
Southern Methodist University 240,000 * 7,751 3,918
Southport Management Partners, L.P. 1,080,000 * none 17,632
Southport Partners International, Ltd. 2,130,000 * none 34,775
Southwest Franciscan Missions Inc. 150,000 * 5,295 2,448
Speer Leeds & Kellogg 1,000,000 * none 16,326
Starvest Combined Portfolio 375,000 * none 6,122
State of Maryland Retirement Plan 3,500,000 * none 57,142
State Street Bank Custodian For GE Pension Trust 861,000 * none 14,057
Sterling Partners 1,943,000 * 27,142 31,722
Stoel Rives LLP 370,000 * 14,104 6,040
Susquehanna Capital Group 2,545,000 * none 41,550
Tribeca Investments LLC 4,000,000 * none 65,306
Triton Capital Investments, LTD 6,000,000 1.00 none 97,959
Trustees of Hamilton College 700,000 * 190,000 11,428
TQA Vantage Plus Fund, Ltd. 300,000 * 300,000 4,897
TQA Vantage Fund, Ltd. 3,540,000 * 3,540,000 57,795
TQA Leverage Fund, L.P. 1,610,000 * none 26,285
Union Bancaire Privee 6,500,000 1.08 none 106,122
University of Oregon 265,000 * 8,544 4,326
University of Rochester 15,000 * none 244
University of Washington Endowment Fund 370,000 * 100,000 6,040
Van Kampen Harbor Fund 4,300,000 * none 70,203
Van Kampen Convertible Securities Fund 700,000 * none 11,428
Wake Forest University 598,000 * none 9,763
Warburg Dillon Read LLC 9,400,000 1.57 none 153,469
Western Cancer Center Medical Group P/S 35,000 * 11,000 571
Zellerbach Family Fund 200,000 * 6,424 3,265
</TABLE>
- -------------------------
* Less than one percent.
(1) The shares of common stock to be registered hereby are calculated on an "as
converted" basis using the conversion rate described on the front cover
page of this Prospectus.
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