The QVC Inc.-Bond has a maturity date of 9/1/2028 and offers a coupon of 4.3750%. The payment of the coupon will take place 2.0 times per biannual on the 01.03.. The QVC Inc.-Bond was issued on the 8/20/2020 with a volume of 500 M. USD.
How much will QVC offer in 2028?
August 12, 2020: QVC announced today its intention to offer $500 million aggregate principal amount of Senior Secured Notes due 2028.
What are QVC's net proceeds from the offering?
The net proceeds from the Offering, together with cash on hand, are expected to be used to repurchase any and all of the $500 million outstanding aggregate principal amount of QVC’s 5.125% senior secured notes due 2022 (the “2022 Notes”) in a tender offer announced today by QVC.
