Time Warner Inc. Prices $1.5 Billion Debt Offering

NEW YORK–(BUSINESS WIRE)–Time Warner Inc. (NYSE:TWX) today announced that it has priced a $1.5 billion underwritten public offering of 3.80% senior notes due 2027 at a price equal to 99.615% of their face amount. The net proceeds from the issuance of the notes will be used for general corporate purposes, including the repayment of indebtedness. The sale of the notes is expected to close on December 8, 2016. The notes will be issued by Time Warner and guaranteed by Historic TW Inc. In addition
Source: BusinessWire-Primary

Time Warner Inc. Prices .5 Billion Debt Offering