Nielsen Issuing $500 Million Private Debt Offering
January 25, 2017 at 3:17 PM (PT)
NIELSEN's indirect wholly owned subsidiary THE NIELSEN COMPANY (LUXEMBOURG) S.À R.L. is issuing $500 million in senior notes due 2025 in a private offering. The debt offering is exempt from S.E.C. registration requirements under the Securities Act of 1933.
The offering is being made in part to fund the purchase of GRACENOTE from TRIBUNE MEDIA CO. and for other general corporate purposes, although the offering is not conditioned on the GRACENOTE deal.