30th Jun 2011 11:53
30 June 2011
ITV plc statement regarding Bond Buy-Back
ITV plc ("ITV") announces that it has made the following repurchases of its debt to the value of £183.6m:
·; All of its £110m Eurobonds due March 2013
·; £73.6m of its £383m Eurobonds due October 2015
ITV now has no major debt repayment due until 2014.
Adam Crozier, ITV Chief Executive, said:
"These buybacks are consistent with our focus on cost control, cash generation and strenghtening of the balance sheet."
- ends -
For further enquiries please contact:
Investor enquiries
Ed Steel 020 7157 6560
Media enquiries
Mary Fagan 020 7157 3965
Mike Large 020 7157 3021
Website: www.itv.com; investor information: www.itvplc.com
Related Shares:
ITV