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Media debt: Cablevision is selling $1.25 billion of senior...

Media debt: Cablevision is selling $1.25 billion of senior notes, with $750 million at 7.75 percent due 2018 and the rest at 8 percent maturing two years later, the cable operator said late Monday. Earlier in the day, it said…

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it planned to issue $1 billion in debt … CBS’s offer to buy back $500 million of some debt was oversubscribed, with holders of $618.4 million opting to participate, the broadcaster said Tuesday. The tender offer expires April 26.