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BRIEF-Viacom announces $1.3 billion subordinated debt offering
February 23, 2017 / 11:59 PM / 7 months ago

BRIEF-Viacom announces $1.3 billion subordinated debt offering

Feb 23 (Reuters) - Viacom Inc

* Viacom announces $1.3 billion subordinated debt offering

* Says intends to use net proceeds from offering primarily for repayment of outstanding indebtedness

* Agreed to sell $650 million in aggregate principal amount of 5.875 pct fixed-to-floating rate junior subordinated debentures due 2057 Source text for Eikon: Further company coverage:

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