DIRECTV Holdings LLC and DIRECTV Financing Co., Inc. (collectively, the
“Issuers”), indirect subsidiaries of DIRECTV (NASDAQ:DTV), announced
today the closing of their public offering of $1.20 billion aggregate
principal amount of 3.95% Senior Notes due 2025 (the “Notes”).
The Issuers intend to use the net proceeds from the offering of the
Notes, together with cash on hand if necessary, to repurchase, redeem,
repay at maturity or otherwise retire the Issuers’ 3.55-% Senior Notes
due 2015, which mature on March 15, 2015.
for DIRECTV Holdings LLC and DIRECTV Financing Co., Inc. Close Offering of $1.2 Billion Senior Notes investment picks