CBS to redeem $500 million 5.75% senior notes due 2020 on Nov. 30

By Sarah Lizee

Olympia, Wash., Nov. 13 – CBS Corp. will redeem its outstanding $500 million 5.75% senior notes due April 15, 2020 on Nov. 30, according to a Monday press release.

The total redemption payment for the notes is equal to the sum of the principal amount of the notes outstanding, the make-whole amount and the accrued interest up to but excluding the redemption date.

Deutsche Bank Trust Co. Americas is the paying agent.

CBS is a broadcasting company based in New York.

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