Viacom Announces $1.3 Billion Debt Offering
Viacom intends to use the net proceeds from the offering primarily for
the repayment of outstanding indebtedness, which includes the repayment
of
The joint book-running managers for the offering are
The terms and conditions of the Senior Notes are set forth in a
prospectus, which can be obtained by contacting Viacom Investor
Relations at 1-800-516-4399 or by written request to Viacom Inc., 1515
*A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
About Viacom
Viacom is home to premier global media brands that create compelling
television programs, motion pictures, short-form content, apps, games,
consumer products, social media experiences, and other entertainment
content for audiences in more than 180 countries. Viacom's media
networks, including Nickelodeon, COMEDY CENTRAL, MTV, VH1, SPIKE, BET,
CMT, TV Land, Nick at Nite, Nick Jr.,Channel 5 (
For more information about Viacom and its businesses, visit www.viacom.com.
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 transitions under way involving the Board and management and related
changes in strategy; 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, advertising revenues and affiliate
fees; 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
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Press
jeremy@viacom.com
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Investors:
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kareem.chin@viacom.com
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