The sale of the Senior Notes is expected to close on
Scripps Networks Interactive intends to use the net proceeds from this offering for general corporate purposes including, but not limited to payoff at maturity of the 3.55 percent Senior Notes due
A copy of a preliminary prospectus supplement, the accompanying prospectus and the final prospectus supplement may be attained, when available, from the
Alternatively, the underwriters or Scripps Networks Interactive will arrange to send these documents to interested parties if requested by contacting:
|-¢|| J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York, 10179, |
Attention: Investment Grade Syndicate Desk, 3rd Floor,
telephone collect at 212-834-4533
|-¢|| Merrill Lynch, Pierce, Fenner & Smith Incorporated, 222 Broadway, 11th Floor, |
New York, NY 10038, Attention: Prospectus Department, Call toll-free 800-294-1322
Wells Fargo Securities, LLC, 608 2nd Avenue, South Minneapolis, MN 55402,
|-¢|| Scripps Networks Interactive Investor Relations at 1-865-694-2700 |
or by written request to Scripps Network Interactive, 9721 Sherrill Blvd.,
Knoxville Tenn. 37932, Attn: Investor Relations.
This announcement is neither an offer to sell nor a solicitation of an offer to buy any of the Senior Notes referred to above. An offering of any such Senior Notes will be made only by means of a prospectus supplement and accompanying prospectus. No offer to sell or solicitation of an offer to buy such Senior Notes shall be made in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.
About Scripps Networks Interactive
Scripps Networks Interactive is one of the leading developers of engaging lifestyle content in the home, food and travel categories for television, the Internet and emerging platforms. The company's lifestyle media portfolio comprises popular television and Internet brands HGTV, DIY Network,
This press release contains certain forward-looking statements related to the company's businesses that are based on management's current expectations. Forward-looking statements are subject to certain risks, trends and uncertainties, including changes in advertising demand and other economic conditions that could cause actual results to differ materially from the expectations expressed in forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. The company's written policy on forward-looking statements can be found on page F-3 of its 2013 Form 10-K filed with the
The company undertakes no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date the statement is made.
Scripps Networks Interactive, Inc.
Mike Gallentine, 865-560-4473
Dylan Jones, 865-560-5068
Lee Hall, 865-560-3853