December 13, 2016 / 5:27 AM / 8 months ago

BRIEF-World Wrestling Entertainment prices $200 mln convertible notes financing

Dec 13 (Reuters) - World Wrestling Entertainment Inc :

* Says notes will be unsecured, senior obligations of wwe and will bear interest at a rate of 3.375% per year

* Says interest will be payable semi-annually in arrears on June 15 and December 15 of each year

* WWE expects to use $14.64 million of net proceeds of offering of notes to pay cost of convertible note hedge transactions

* initial conversion rate for notes is 40.1405 shares of wwe class a common stock per $1,000 principal amount of notes

* WWE announces pricing of upsized $200 million convertible notes financing Source text for Eikon: Further company coverage:

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