Nielsen to Raise $800m Via Issue of Secured Debt

Nielsen is planning to raise $800m through the issue of 'senior notes' due in 2020, through its subsidiaries Nielsen Finance LLC and Nielsen Finance Co.

Senior notes are typically issued by a publicly-traded company that needs to raise money, and are usually issued for general corporate purposes, including the repayment of other debts, and funding of large capital expenditures.

Nielsen intends to use the proceeds of this private offering for redemption of its senior notes due in 2016; for repayment of its senior secured term loan due in 2017; and for general corporate purposes including capital expenditure and working capital.

The notes are only being offered to institutional buyers, and will not be registered under the Securities Act or any state securities laws.

Web site: www.nielsen.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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