Nielsen to Issue $500m Debt Offering

Nielsen is proposing to issue $500m in senior notes in a private offering, which it will use for 'general corporate purposes', and possibly to fund a proportion of its acquisition of media and entertainment data provider Gracenote.

The offer was made via wholly owned subsidiary The Nielsen Company (Luxembourg) S.à r.l. The proceeds will be used for items including capital expenditures, working capital, and redemption or repayment of debt; and, if applicable, to fund some of the acquisition of Gracenote from the Tribune Media Company.

Web site: www.nielsen.com .