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QVC Inc., 6.375% Senior Secured Notes due 9/13/2067
Ticker Symbol: QVCD CUSIP: 747262301 Previous CUSIP: Exchange: NYSE
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QUANTUMONLINE.COM SECURITY DESCRIPTION: QVC Inc., 6.375% Senior Secured Notes due 2067, issued in $25 denominations, redeemable at the issuer's option on or after 9/13/2023 at $25 per note plus accrued and unpaid interest, and maturing 9/13/2067. Interest distributions of 6.375% per annum ($1.59375 per annum or $0.3984375 per quarter) will be paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the record date that will be 3/1, 6/1, 9/1 & 12/1 (NOTE: the ex-dividend date is one business day prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. This security was rated as Ba2 by Moody’s and BBB- by S&P at the date of its IPO. The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Goto Parent Company's Record (QRTEA)
Notes: There is no publicly traded market for any class of voting stock of the registrant. There is one holder of record of their equity, Liberty QVC Holding, LLC, an indirect wholly-owned subsidiary of Qurate Retail, Inc.
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IPO - 9/10/2018 - 9.00 Million Notes @ $25.00 /note.
Link to IPO Prospectus
Changed: 1/01/00
Market Value $ Million
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MSN Company Report for QVCD
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 1200 Wilson Drive, West Chester, PA 19380 |
| Main Phone Number |
484-701-1000 |
| Fax Number |
Not Available |
| Investor Relations
Courtnee Chun
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720-875-5420
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| Toll Free Phone Number |
866-876-0461 |
| CEO - Michael A. George |
CFO - Jeffrey A. Davis |
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