Viacom (VIA) Announces Plans to Redeem All Outstanding 6.85% Senior Notes due December 15, 2055
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Viacom Inc. (NASDAQ: VIA) today announced that it has issued a notice of redemption to redeem on January 9, 2012 (the "Redemption Date") all of its outstanding 6.85% Senior Notes due December 15, 2055 (NYSE: VNV).
The redemption price for each of the 2055 Notes outstanding will be equal to 100% of the principal amount of such 2055 Note, plus accrued and unpaid interest thereon to the Redemption Date (the "Redemption Price").
The Bank of New York Mellon is the trustee for each of the 2055 Notes and will act as the paying agent for these transactions. The Bank of New York Mellon's address is Global Corporate Trust, 111 Sanders Creek Parkway, East Syracuse, N.Y. 13057, Attention: Redemption Unit.
The redemption price for each of the 2055 Notes outstanding will be equal to 100% of the principal amount of such 2055 Note, plus accrued and unpaid interest thereon to the Redemption Date (the "Redemption Price").
The Bank of New York Mellon is the trustee for each of the 2055 Notes and will act as the paying agent for these transactions. The Bank of New York Mellon's address is Global Corporate Trust, 111 Sanders Creek Parkway, East Syracuse, N.Y. 13057, Attention: Redemption Unit.
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