debt
confidence high
sentiment positive
materiality 0.85
QVC closes exchange offers for 2027 and 2028 notes, issues $605M in new notes
QVC INC
- Approximately 89% of outstanding 2027 and 2028 notes were tendered and cancelled.
- $605 million aggregate principal amount of new 6.875% Senior Secured Notes due 2029 issued.
- $352 million in cash paid; $277 million contributed by Liberty Interactive LLC.
- $44 million of 2027 notes and $72 million of 2028 notes remain outstanding after settlement.