Viacom Announces Early Tender Results and Increase of the Maximum Tender Amount of Its Cash Tender Offers for Certain Outstanding Debt Securities
Title of Security |
CUSIP Number |
Acceptance |
Aggregate Principal Amount Outstanding Prior to the Offers |
Aggregate Principal Amount Tendered(1) |
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2.750% Senior Notes due 2019 | 92553PAY8 | 1 |
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5.625% Senior Notes due 2019 | 92553PAD4 | 2 |
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4.500% Senior Debentures due 2042 | 92553PAL6 | 3 |
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4.875% Senior Debentures due 2043 | 92553PAQ5 | 4 |
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3.450% Senior Notes due 2026 | 92553PBB7 | 5 |
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2.250% Senior Notes due 2022 | 92553PBA9 | 6 |
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4.850% Senior Debentures due 2034 | 92553PAZ5 | 7 |
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3.250% Senior Notes due 2023 | 92553PAR3 | 8 |
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5.250% Senior Debentures due 2044 | 92553PAW2 | 9 |
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3.125% Senior Notes due 2022 | 92553PAM4 | 10 |
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3.875% Senior Notes due 2024 | 92553PAX0 | 11 |
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4.250% Senior Notes due 2023 | 92553PAT9 | 12 |
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(1) As of the Early Tender Deadline. |
The principal amount of each series of Securities listed in the table
above ultimately accepted for purchase will depend upon the
determination of the consideration to be paid in the Offers for each
series of Securities validly tendered and accepted for purchase as
described in the Offer to Purchase (the "Total Consideration"), at
Securities not accepted for purchase will be promptly credited to the
account of the registered holder of such Securities with
Holders of Securities validly tendered and not validly withdrawn on or
prior to the Early Tender Deadline will be eligible to receive the Total
Consideration, which includes an early tender premium of
This press release shall not constitute an offer to sell, a solicitation to buy or an offer to purchase or sell any securities.
About
Cautionary Statement Concerning Forward-Looking Statements
This news release contains both historical and forward-looking
statements. All statements that are not statements of historical fact
are, or may be deemed to be, forward-looking statements. Forward-looking
statements reflect our current expectations concerning future results,
objectives, plans and goals, and involve known and unknown risks,
uncertainties and other factors that are difficult to predict and which
may cause future results, performance or achievements to differ. These
risks, uncertainties and other factors include, among others: the effect
of recent changes in management and our board of directors; the ability
of our recently-announced strategic initiatives to achieve their
operating objectives; the public acceptance of our brands, programs,
motion pictures and other entertainment content on the various platforms
on which they are distributed; the impact of inadequate audience
measurement on our program ratings and advertising and affiliate
revenues; technological developments and their effect in our markets and
on consumer behavior; competition for content, audiences, advertising
and distribution; the impact of piracy; economic fluctuations in
advertising and retail markets, and economic conditions generally;
fluctuations in our results due to the timing, mix, number and
availability of our motion pictures and other programming; the potential
for loss of carriage or other reduction in the distribution of our
content; changes in the Federal communications or other laws and
regulations; evolving cybersecurity and similar risks; other domestic
and global economic, business, competitive and/or regulatory factors
affecting our businesses generally; and other factors described in our
news releases and filings with the
View source version on businesswire.com: http://www.businesswire.com/news/home/20170602005347/en/
Press:
Senior Manager, Corporate Communications
alex.rindler@viacom.com
or
Investors:
Senior Vice President, Investor Relations
james.bombassei@viacom.com
or
Vice President, Assistant Treasurer
lou.converse@viacom.com
Source:
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