NEWS1 October 2010

Nielsen plans $750m debt sale

Financials North America

US— Nielsen is looking to refinance its borrowings by selling off $750m of 7.75% senior loan notes due in 2018 to help pay down $869m of 10% senior notes which mature in 2014.

The debt offering comes on top of the $2bn initial pubic offering the company has planned for later this year, the proceeds of which will also be used to deleverage the business.

Nielsen’s most recent set of results, for the second quarter 2010, showed revenue up 7% to $1.27bn. The consumer and media research business is headed by CEO David Calhoun (pictured).

@RESEARCH LIVE

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