Nielsen announces the redemption all 11½% senior notes due 2016

By Tali David

Minneapolis, Oct. 22 - Nielsen Co. BV redeemed and subsequently retired all of its 11½% senior notes due 2016, according to a 10-Q filed with the Securities and Exchange Commission.

The company also prepaid its 8½% senior secured term loan due 2017. The redemption and prepayment transactions will result in a pre-tax charge of about $115 million in the fourth quarter of 2012, the company said.

Nielsen is a provider of information and analytics about what consumers buy and watch. It has headquarters in New York and Diemen, the Netherlands.

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