Take-Two Interactive Software, Inc. Announces Pricing of Add-On Offering of $350 Million of Senior Notes
The new notes will be issued as additional notes under the existing indenture pursuant to which the Company previously issued
The Company intends to use the net proceeds from the offering for general corporate purposes, including the retirement at maturity of the Company’s 3.300% Senior Notes due 2024.
The closing of the offering is expected to occur on
This announcement does not constitute an offer to sell or the solicitation of an offer to buy the new notes or any other securities, nor will there be any sale of new notes or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
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Cautionary Note Regarding Forward-Looking Statements
Statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws and may be identified by words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “potential,” “predicts,” “projects,” “seeks,” “should,” “will,” or words of similar meaning and include, but are not limited to, statements regarding the outlook for the Company’s future business and financial performance. Such forward-looking statements are based on the current beliefs of the Company’s management as well as assumptions made by and information currently available to them, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from these forward-looking statements based on a variety of risks and uncertainties including: risks relating to the Company’s combination with
Senior Vice President
Investor Relations & Corporate Communications
Source: Take-Two Interactive