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Stock impact report

ViacomCBS Announces Redemption of $800 Million of Senior Notes due 2021

ViacomCBS Inc. - Class A (VIACA) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--ViacomCBS Inc. (NASDAQ: VIAC, VIACA) today announced that it would redeem all of its outstanding 4.30% senior notes due February 15, 2021 (the “4.30% senior notes”) and all of its outstanding 4.500% senior notes due March 1, 2021 (the “4.500% senior notes”). The redemption date for the 4.30% senior notes is May 4, 2020 and the redemption date for the 4.500% senior notes is May 18, 2020.The redemption price for each series of notes is equal to the sum of 100% of the principal amount of such series of notes, the make-whole amount calculated in accordance with the respective terms of the notes and the related indentures under which the notes were issued and the accrued and unpaid interest on such series of notes up to, but excluding, the respective redemption dates of May 4, 2020, in the case of the 4.30% senior notes, and May 18, 2020, in the case of the 4.500% senior notes. The aggregate principal amount of the 4.30% senior notes outstanding on April 17, Show less Read more
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