Cahill Represents Initial Purchasers in $1 Billion Notes Offering by QVC

March 18, 2014

Cahill represented Barclays, BofA Merrill Lynch, J.P. Morgan, BNP PARIBAS, Credit Agricole CIB, Morgan Stanley, RBS, and Wells Fargo Securities as joint book-running managers and the co-managers in connection with the $1,000,000,000 Senior Secured Notes Offering, comprised of $400,000,000 aggregate principal amount of 3.125% Senior Secured Notes due 2019 and $600,000,000 aggregate principal amount of 4.850% Senior Secured Notes due 2024 by QVC, Inc. Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes.