Cahill Represents Initial Purchasers in $500 Million Notes Offering for QVC, Inc.
Date: 08/20/20
Cahill represented the initial purchasers in connection with a Rule 144A offering of $500,000,000 aggregate principal amount of 4.375% senior secured notes due 2028 by QVC, Inc., a wholly-owned subsidiary of Qurate Retail, Inc. Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes. Qurate Retail, Inc. operates and owns interests in a broad range of digital commerce businesses, including QVC (and its subsidiaries, including HSN), Zulily and the Cornerstone Brands (collectively, the Qurate Retail Group) as well as various green energy and other investments.