ViacomCBS to Redeem Its 3.875% Senior Notes Due 2021.
INTERNET BUSINESS NEWS-(C)1995-2020 M2 COMMUNICATIONS
ViacomCBS Inc. (NASDAQ: VIAC, VIACA) has announced that it will redeem all of its remaining outstanding 3.875% senior notes due December 15, 2021 on July 10, 2020, the redemption date, the company said.
The redemption price for the 2021 senior notes is equal to the sum of 100% of the principal amount of the 2021 senior notes that remain outstanding, the make-whole amount calculated in accordance with the terms of the 2021 senior notes and the related indenture under which the 2021 senior notes were issued, and the accrued and unpaid interest on the remaining 2021 senior notes up to, but excluding, the redemption date of July 10, 2020.
The aggregate principal amount of the 2021 senior notes that will remain outstanding on June 11...
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