Discovery Buys Back $1.5 Billion In Old Debt With $2 Billion From Bond Sale squib

Discovery, Inc. said it’s closed on a planned debt refinancing ahead of schedule, saying Thursday it used $1.5 billion out of $2 billion it recently raised in a bond sale to pay down old debt. Earlier this week, the company raised the $2 billion in fresh cash by selling two $1-billion tranches of senior notes […]
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