World Wrestling Entertainment, Inc. (NYSE:WWE) Files An 8-K Other Events
Item8.01.
| Other Events. |
On December12, 2016, World Wrestling Entertainment, Inc. (the
Company) issued a press release announcing the pricing of
$200million aggregate principal amount of its 3.375% Convertible
Senior Notes due 2023. The Company has also granted the initial
purchasers of the notes a 30-day option to purchase up
to an additional $30.0million aggregate principal amount of the
notes.
In connection with
the pricing of the notes, the Company entered into convertible
note hedge transactions with affiliates of three of the initial
purchasers (the option counterparties). The Company also entered
into warrant transactions with the option counterparties.
A copy of the
press release is filed herewith as Exhibit 99.1 and is
incorporated herein by reference.
| Item9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
|
Exhibit Number |
Description |
|
| 99.1 | Press Release dated December12, 2016. |
About World Wrestling Entertainment, Inc. (NYSE:WWE)
World Wrestling Entertainment, Inc. (WWE) is a media and entertainment company. The Company is engaged in the production and distribution of content through various channels, including its WWE Network, television rights agreements, pay-per-view event programming, live events, feature films, licensing of various WWE themed products, and the sale of consumer products featuring its brands. Its principal activities include Media Division, which consists of Network, Television, Home Entertainment and Digital Media; Live Events; Consumer Products Division, which consists of Licensing, Venue Merchandise and WWEShop, and WWE Studios. It operates in 10 segments: Network, which includes its pay-per-view business; Television; Home Entertainment and Digital Media, which are individual segments that comprise the Media Division; Live Events; Licensing, Venue Merchandise and WWEShop, which are individual segments that comprise the Consumer Products Division; WWE Studios, and Corporate and Other. World Wrestling Entertainment, Inc. (NYSE:WWE) Recent Trading Information
World Wrestling Entertainment, Inc. (NYSE:WWE) closed its last trading session down -0.41 at 18.57 with 2,541,179 shares trading hands.
