debt
confidence high
sentiment neutral
materiality 0.35
QVC completes tender offer for 4.375% notes due 2023; $535M tendered
QVC INC
- Tender offer for 4.375% Senior Secured Notes due 2023 expired June 15, 2022.
- $535,340,000 aggregate principal (71.38% of outstanding) validly tendered and accepted for payment.
- An additional $1,149,000 subject to guaranteed delivery procedures to be accepted on June 21, 2022.
- BofA Securities and J.P. Morgan acted as joint dealer managers; D.F. King as information agent.