QVC plans to offer $500 million of senior secured notes
By APWednesday, March 17, 2010
QVC plans $500M senior secured notes offering
ENGLEWOOD, Colo. — QVC Inc., which runs the TV shopping channel, said Wednesday it plans to offer $500 million of senior secured notes.
QVC said $250 million of the notes are due April 15, 2017 and the other $250 million on Oct. 15, 2020.
The company plans to use the proceeds to repay existing senior secured credit agreement debt.
QVC is a unit of Liberty Media Corp.
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