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Post# of 648882
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Tuff-Stuff

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Tuff-Stuff

Re: Tuff-Stuff post# 565463

Friday, 05/29/2015 6:23:59 AM

Friday, May 29, 2015 6:23:59 AM

Post# of 648882
Time Warner (NYSE:TWX) has priced $2.1B in debt.
One offering is $1.5B in 3.6% senior notes due 2025 (priced to 99.76% of face). The other, a $600M offering of 4.85% debentures due 2045 (priced to 99.929% of face).
The company plans to use proceeds to retire outstanding 3.15% notes due 2015.
The sale's expected to close next thursday, June 4; the company also announced a tender offer for outstanding 5.875% notes due in 2016.

Pray for A Pain Free Day!

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