Discovery Communications is seeking to raise €600 million through the sale of senior notes, in a process that is expected to close this week.
Discovery said it expects the net proceeds from the notes offering to be roughly €594.2 million after deducting estimated expenses related to the offering.
It said it will use the proceeds to repay a portion of senior notes that are due to be repaid in June 2015 and for general corporate purposes – including the acquisition of other companies or businesses, repayment and refinancing of other debt, working capital, capital expenditures and the repurchase by the company of its capital stock.
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15 July 2018 @ 12:00:00 UTC
.@AmpereAnalysis: a#SVOD stackinga fuelling growth of #subscription market. #TopStoriesOfTheWeeka https://t.co/eunDhfX5Km
15 July 2018 @ 10:00:01 UTC
#Broadband speeds rise in developed markets but #UK drops in ranking. #TopStoriesOfTheWeek https://t.co/XOaCTvQOeO https://t.co/BPQDfQcm3Z
14 July 2018 @ 14:00:01 UTC
The birth of @Media_Kind. #DTVEWeekInView https://t.co/xTB9OePoU1 https://t.co/mkJGIvdRLN
14 July 2018 @ 13:00:01 UTC
.@netflix introduces asmart downloadsa. #SVOD #TV #TopStoriesOfTheWeek https://t.co/OwQsokZwIN https://t.co/bWqDb8RH1b
13 July 2018 @ 15:00:02 UTC
