Discovery Communications shops offering of dollar, sterling notes

By Cristal Cody

Tupelo, Miss., Sept. 6 – Discovery Communications, LLC (Baa3/BBB-/BBB-) continued a second day of fixed income investor calls on Wednesday for an offering of new dollar-denominated and possible sterling-denominated notes, according to a market source.

Goldman Sachs & Co. and Credit Suisse Securities (USA) LLC are the arrangers.

Discovery Communications, a global media company based in Silver Spring, Md., plans to acquire Scripps Networks Interactive in a $14.6 billion cash and stock deal.

Scripps Network Interactive is a media company based in Knoxville, Tenn.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.