Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Time Warner Inc. > News item |
Time Warner calls all $312.91 million 5.875% notes after tender offer
By Tali Rackner
Norfolk, Va., July 31 – Time Warner Inc. plans to redeem all $312,908,000 of its 5.875% notes due 2016, according to a press release.
The notes will be redeemed on Aug. 31.
The redemption price will be calculated by reference to the Treasury rate plus 30 basis points. Holders will also receive accrued interest.
The amount to be redeemed represents the remaining notes outstanding after the expiration on June 3 of the company’s tender offer.
The media company is based in New York.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.