Tribune Media $1.1 billion notes issue

24/6/2015

Investment grade bond/note issue

Value:

$ 1.1 billion

Status:

Completed

Date:

24/6/2015

Overview:

Tribune Media has made a $1.1 billion debt offering.
The 5.875% notes are due 2022.
The offering was only for qualified investors, under Rules 144A for domestic purchasers and Regulation S for international ones.
JPMorgan Chase acted as administrative agent.
The proceeds are to be used to pay off existing debt.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Media

Firms:

Davis Polk & Wardwell

Party: JPMorgan Chase (Administrator)

Debevoise & Plimpton

Party: Tribune Media (Issuer)

Lawyer: Peter Loughran

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