NLSN - Nielsen to refinance $1B debt

Nielsen Finance LLC and Nielsen Finance Co., an indirect wholly owned subsidiaries of Nielsen Holdings (NLSN) to issue $500M of senior notes due 2029 and $500M of senior notes due 2031 in a private offering. Net proceeds plus cash on hand will be used to prepay all of the Dollar Term B-5 Loans outstanding under certain credit agreement, dated as of June 4, 2020, to prepay all of the Class B-2 Euro Term Loans outstanding under the Sixth Amended and Restated Credit Agreement, dated as of July 21, 2020 and to partially prepay the Euro Term B-3 Loans outstanding under the TLB credit agreement, in each case, at a prepayment price equal to par plus accrued and unpaid interest.

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Nielsen to refinance $1B debt