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Activision Blizzard prices $ 2B in senior notes (NASDAQ: ATVI)



Activision Blizzard 09.30 NASDAQ: ATVI has offered $ 2B offering senior notes.

The notes come in two series: $ 500M in 1.35% senior notes due in 2030, and $ 1.5B in 2.5% senior notes due in 2050.

The proposal is due to end on August 10th.

The company expects to use part of the $ 1.97B in net proceeds to finance the repurchase of all outstanding 2.3% senior unsecured banknotes due by 2021 and all outstanding 2.6% senior unsecured notes by 2022.

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