DIRECTV Holdings LLC (DTV) to Issue of $2B Debt Notes
The DIRECTV Group, Inc. (NASDAQ: DTV) provider of digital television entertainment services, announced the pricing of an issuance of $1B of 4 3/4% Senior Notes due 2014 and $1B of 5 7/8% Senior Notes due 2019. The closing of the offering is expected to occur on September 22, 2009. The Company expects $1,989,880,000 from this offering and to use this for general corporate purposes and for the repurchase of its existing 8 3/8% Senior Notes due 2013 pursuant to a tender offer announced by the Company on September 14, 2009.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: News