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Discovery Communications, LLC, 2.375% 7mar2022, EUR (FIGI BBG0060LNC43, XS0982708686, WKN A1ZEF8)

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International bonds, Guaranteed, Senior Unsecured

Issue | Borrower
Borrower
  • M
    ***  | ***
    ***
  • S&P
    ***  | ***
    ***
  • F
    ***  | ***
    ***
Status
Matured
Amount
300,000,000 EUR
Placement
***
Redemption (put/call option)
*** (-)
ACI
Country of risk
USA
Current coupon
-
Price
Yield / Duration
Reports of guarantors / borrowers / offerers
Guarantor Warner Bros. Discovery
Reporting IFRS
  • Placement amount
    300,000,000 EUR
  • Minimum Settlement Amount
    100,000 EUR
  • ISIN
    XS0982708686
  • Common Code
    098270868
  • CFI
    DBFNBR
  • FIGI
    BBG0060LNC43
  • SEDOL
    BKQV921
  • Ticker
    WBD 2.375 03/07/22

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Issue information

  • Borrower
    Go to the issuer page
    Discovery Communications, LLC
  • Full borrower / issuer name
    Discovery Communications, LLC
  • Sector
    Corporate
  • Industry
    Media
Volume
  • Placement amount
    300,000,000 EUR
Face value
  • Minimum Settlement Amount
    100,000 EUR
  • Outstanding face value
    *** EUR
  • Increment
    *** EUR
  • Face value
    1,000 EUR
Listing
  • Listing

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Cash flow parameters

  • Reference rate
    ***
  • Coupon Rate
    ***
  • Day count convention
    ***
  • Interest Accrual Date
    ***
  • Coupon frequency
    *** time(s) per year
  • Payment currency
    ***
  • Maturity date
    ***

Cash flow

Calculations for international bonds are made according to the minimum trading lot

Early redemption terms

***

Explore the most comprehensive database

1 000 000

bonds

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stocks

175 910

ETF & Funds

70 000

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×

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Placement

  • Placement method
    Open subscription
  • Placement type
    Public
  • Placement
    *** - ***
  • Initial issue price (yield)
    (***%)
  • Geographic breakdown
    ***
  • Investor breakdown
    ***
  • Use of proceeds
    General Corporate Purposes
    Acquisition Financing
  • Use of proceeds description
    DCL expects the net proceeds from this offering of senior notes to be approximately € after deducting the underwriting discount and its estimated expenses related to the offering. DCL intends to use the net proceeds of this offering to fund the cash consideration payable for Discovery’s previously disclosed acquisition of a controlling interest in Eurosport International, which is estimated to be approximately $343 million, and certain costs associated with that acquisition. Any remaining net proceeds will be used for general corporate purposes, including the acquisition of other companies or businesses, repayment and refinancing of debt, working capital, capital expenditures and the repurchase by DCI of its capital stock. The company intends to use the net proceeds from the sale of the securities for general corporate purposes unless otherwise indicated in the applicable prospectus supplement. General corporate purposes may include the acquisition of companies or businesses, repayment and refinancing of debt, working capital and capital expenditures. We may temporarily invest the net proceeds in investment-grade, interest- bearing securities until they are used for their stated purpose. We have not determined the amount of net proceeds to be used specifically for such purposes. As a result, management will retain broad discretion over the allocation of net proceeds.
Participants
  • Co-arranger
    ***, ***, ***, ***, ***, ***, ***, ***

Conversion and exchange

  • Conversion terms
    ***

Latest issues

Similar issues

Identifiers

  • ISIN
    XS0982708686
  • Cbonds ID
    67959
  • CUSIP
    ***
  • CUSIP 144A
    ***
  • Common Code
    098270868
  • CFI
    DBFNBR
  • FIGI
    BBG0060LNC43
  • WKN
    A1ZEF8
  • SEDOL
    BKQV921
  • Ticker
    WBD 2.375 03/07/22
  • Type of security by CBR
    ***
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Ratings

Bond classification

  • Senior Unsecured
  • Registered
  • Coupon bonds
  • Guaranteed
  • Amortization
  • Callable
  • CDO
  • Convertible
  • Dual currency bonds
  • Variable rate
  • For qualified investors (CIS region)
  • Foreign bonds
  • Green bonds
  • Inflation-linked principal
  • Supranational bond issues
  • Inflation-linked coupon
  • Mortgage bonds
  • Non-complex financial instruments (MiFID)
  • Perpetual
  • Payment-in-kind
  • Non-Marketable Securities
  • Redemption Linked
  • Restructuring
  • Retail bonds
  • Covered
  • Securitization
  • Structured product
  • Commercial Bonds
  • Subordinated
  • Sukuk
  • Trace-eligible
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Restructuring

***

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