|06/11/12||CBS Corporation Announces Redemption of Senior Notes|
|Call to Redeem Its Outstanding 5.625% Senior Notes Due 2012 and Its Outstanding 8.200% Senior Notes Due 2014
NEW YORK, June 11, 2012 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today the full redemption of its outstanding 5.625% senior notes due August 15, 2012, and the full redemption of its 8.200% senior notes due May 15, 2014, on July 11, 2012, the redemption date.
The redemption amount for the 2012 notes is equal to the sum of the principal amount o... |
|06/11/12||CBS Corporation Announces $900 Million Senior Note Offering|
NEW YORK, June 11, 2012 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today announced the pricing of a debt offering of $400 million of 1.95% senior notes due 2017 and $500 million of 4.85% senior notes due 2042. CBS Corporation intends to use the net proceeds from this offering to repay at maturity approximately $152 million 8.625% debentures due August 1, 2012, and to redeem approximately $338 million 5.625% senior notes due August 15, 2012. The remaining net proceeds will be used to... |