-
CBS Corporation Offers $600 Million In Notes
October 5, 2010 at 4:22 AM (PT)
What do you think? Add your comment below. -
Notes Offered
CBS CORPORATION is offering $600 million in senior notes in two $300 million groups, with proceeds to be used to pay down debt.
One of the two groups of notes will pay 4.3% interest due in 2021, while the other will carry a 5.9% rate and will be due in 2040. The company plans to partially buy back $207 million in outstanding debentures at 8.625% due AUGUST 1st, 2012 and $533 million in 5.625% notes due AUGUST 15th, 2012, with NOVEMBER 5th set as the redemption date.
-
Comment
Tell us what you think
-
Follow us
Get news via Twitter
-
Become a fan
Join us on Facebook
-
Subscribe
Net News via RSS
