CBS said it will raise $900 million by issuing new...
CBS said it will raise $900 million by issuing new debt. The broadcaster said it will sell $400 million of 1.95 percent senior notes due 2017 and $500 million of 4.85 percent senior notes due 2042. CBS plans to use…
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the cash to repay some other debt that comes due in August, as well as other notes that mature in 2014.