Hughes Hubbard Reps Underwriting Group in ViacomCBS' $2.5B Offering

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April 21, 2020 — The firm provided legal counsel to the underwriting group in a $2.5 billion public debt offering by ViacomCBS Inc.

The newly merged company offered $1.25 billion in 4.75 percent senior notes due 2025 and $1.25 billion in 4.9 percent senior notes due 2031. The transaction closed on April 1.

ViacomCBS, which merged in December, intends to use the net proceeds for general corporate purposes, which may include repayment of outstanding debt.

The underwriting group included BofA Securities, Goldman Sachs & Co., J.P. Morgan Securities and Morgan Stanley & Co.

The following attorneys worked on this matter: Chuck Samuelson, Jenny Graham, Javad Husain, Steve Greene, Gary Simon, Justin Cohen, Ben Ferziger and Giorgia Nagalli.