CBS Radio Prices $1.46 Billion Debt Offering

CBS Radio has priced a debt offering related to a proposal to spin it off from parent company CBS’ (NYSE: CBS). The offering includes $400 million in 7.25% senior unsecured notes, due in 2024, and a $1.06 billion senior secured term loan B facility which matures in 2023 at Libor plus 3.5%. …read more

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Category: CBS

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