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Discovery Communications Inc (DISCA.O)

DISCA.O on Nasdaq

21.26USD
20 Sep 2017
Change (% chg)

$-0.03 (-0.14%)
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$21.29
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Latest Key Developments (Source: Significant Developments)

Discovery Communications announces pricing of Senior Notes
Friday, 8 Sep 2017 01:23pm EDT 

Sept 8 (Reuters) - Discovery Communications Inc ::Discovery Communications announces pricing of Senior Notes.Discovery Communications Inc - ‍Notes were priced at 99.875% of their principal amount to yield 2.504% to maturity​.Discovery Communications-DCL priced offering of £400mln aggregate principal amount of British pound-sterling-denominated 2.5% Senior Notes due 2024​.  Full Article

Discovery Communications announces debt offering
Friday, 8 Sep 2017 03:41am EDT 

Sept 8 (Reuters) - Discovery Communications Inc :Discovery Communications announces debt offering.  Full Article

Discovery Communications announces pricing of senior notes
Thursday, 7 Sep 2017 09:00pm EDT 

Sept 7 (Reuters) - Discovery Communications Inc :Discovery Communications announces pricing of senior notes.Discovery Communications, LLC priced offering of $400 million floating rate senior notes due 2019.Discovery Communications Inc- Discovery Communications LLC priced offering of $500 million aggregate principal amount of 2.200% senior notes due 2019.Discovery Communications Inc- Discovery Communications LLC priced offering of $1.2 billion aggregate principal amount of 2.950% senior notes due 2023.Discovery Communications- Discovery Communications LLC priced offering of $1,700 million aggregate principal amount of 3.950% senior notes due 2028.Discovery Communications- Discovery Communications LLC priced offering of $1,250 million aggregate principal amount of 5.000% senior notes due 2037.Discovery Communications -Discovery Communications LLC priced offering of $1,250 million aggregate principal amount of 5.200% senior notes due 2047.Discovery Communications- DCL expects total net proceeds from offering to be about $6.235 billion.  Full Article

Discovery Communications announces debt offering
Thursday, 7 Sep 2017 08:18am EDT 

Sept 7 (Reuters) - Discovery Communications Inc :Discovery Communications announces debt offering.Discovery Communications - commenced an underwritten public offering of one or more series of senior fixed rate notes and senior floating rate notes​.Discovery Communications-‍intends to use net proceeds from offering to fund part of cash consideration payable related to acquisition of Scripps Networks​.  Full Article

Discovery Communications Inc says on August 11, 2017 its unit entered into amendment No. 1 to amended and restated credit agreement
Monday, 14 Aug 2017 05:46pm EDT 

Aug 14 (Reuters) - Discovery Communications Inc ::Discovery Communications Inc says on august 11, 2017 its unit entered into amendment no. 1 to amended and restated credit agreement .Discovery Communications Inc - ‍ pursuant to amendment, maturity date was extended to August 11, 2022​.Discovery Communications Inc says pursuant to amendment aggregate revolving commitments under agreement were increased from $2.0 billion to $2.5 billion.Discovery Communications Inc - ‍ on August 11, 2017, Discovery and DCL entered into a credit agreement with Goldman Sachs Bank USA​.Discovery Communications - pursuant to amendment certain lenders to issue EURO-denominated swing line loans up to an aggregate sublimit of $150 million.Discovery Communications- term loan agreement provides for total term loan commitments of $1.0 billion in a 3-year tranche and $1.0 billion in 5-year tranche.Discovery Communications - proceeds of term loan facility will be used to pay a portion of cash consideration in connection with Scripps Acquisition.  Full Article

Discovery agrees to form automotive media company through consolidated JV with TEN
Thursday, 3 Aug 2017 12:09pm EDT 

Aug 3 (Reuters) - Discovery Communications Inc : :Discovery Communications says agrees to form automotive media company through consolidated joint venture with TEN: The Enthusiast Network.Discovery Communications - Discovery will take a majority controlling interest in the venture.Discovery Communications- Paul Guyardo will serve as CEO, Chairman of new venture’s board of directors in addition to his current responsibilities‍​.Discovery Communications-Scott Dickey, President of TEN, Bob Scanlon, who will be appointed President of Velocity & TEN video content, to lead new venture.Discovery- TEN, a portfolio company of Goldentree Asset Management, to have option to put its stake in venture to Discovery.Discovery Communications Inc- Co will have an option to acquire 100% of the new venture‍​.Discovery Communications - New venture will be called TEN: A Discovery Communications Company.  Full Article

Discovery Communications says CFO Gunnar Wiedenfels reports purchase of 20,000 shares of co's common stock at price of $23per share on august 1- SEC FILING
Tuesday, 1 Aug 2017 05:50pm EDT 

Aug 1 (Reuters) - Discovery Communications Inc :Discovery communications says CFO Gunnar Wiedenfels reports purchase of 20,000 shares of co's common stock at price of $23per share on august 1- SEC FILING.  Full Article

Discovery Communications says Goldman Sachs to provide up to $9.6 bln for Scripps Deal
Monday, 31 Jul 2017 10:23am EDT 

July 31 (Reuters) - Discovery Communications Inc :Discovery Communications - Goldman Sachs committed to provide up to $9.6 billion under 364-day senior unsecured bridge facility to finance Scripps Networks deal.  Full Article

Scripps Networks says Discovery would pay termination fee of $356 million to co under certain circumstances
Monday, 31 Jul 2017 10:22am EDT 

July 31 (Reuters) - Discovery Communications Inc :Scripps Networks Interactive - under merger agreement, Discovery would pay termination fee of $356 million to co under certain circumstances.Scripps Networks - under agreement, co to pay discovery termination fee of $356 million if deal is terminated due to board changing its recommendation.Scripps Networks Interactive - entered new employment agreement appointing Lori Hickok as executive vice president, chief financial & development officer.  Full Article

Discovery Communications reports Q2 earnings per share $0.64
Monday, 31 Jul 2017 06:51am EDT 

July 31 (Reuters) - Discovery Communications Inc :Discovery Communications reports second quarter 2017 results.Q2 adjusted earnings per share $0.68 excluding items.Q2 revenue $1.745 billion versus I/B/E/S view $1.76 billion.Q2 earnings per share view $0.72 -- Thomson Reuters I/B/E/S.Q2 earnings per share $0.64.Discovery Communications - Will provide forward-looking guidance in connection with quarterly earnings announcement on qtrly earnings conference call.Discovery Communications - Solar investments again had negative impact on Q2 net income but are still expected to have a positive impact on FY net income.  Full Article

BRIEF-Discovery Communications announces pricing of Senior Notes

* Discovery Communications Inc - ‍Notes were priced at 99.875% of their principal amount to yield 2.504% to maturity​