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CBS to redeem all $264.25 million of 8.875% notes after tender offer
By Tali Rackner
Norfolk, Va., Aug. 21 – CBS Corp. announced the full redemption of $264.25 million of its 8.875% senior notes due May 15, 2019 following a tender offer, according to a press release.
The notes will be redeemed at par plus a make-whole amount and accrued interest up to the redemption date of Sept. 20.
The Bank of New York Mellon is the paying agent.
CBS is a broadcasting company based in New York.
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