Time Warner (TWC) Prices Aggregate $1.25B Debt Offering

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Time Warner Cable Inc. (NYSE: TWC) today announced that it has priced an underwritten public offering of $1.25 billion aggregate principal amount of 4.5% debentures due 2042. The net proceeds from the issuance of the debentures are expected to be used for general corporate purposes, which may include the repayment of debt. The issuance and sale of the debentures is expected to close on August 10, 2012.

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