Activision Blizzard (NASDAQ:ATVI) has priced a $2B offering of senior notes.

The notes come in two series: $500M in 1.35% senior notes due 2030, and $1.5B in 2.5% senior notes due 2050.

The offering is set to close Aug. 10.

The company expects to use part of the $1.97B in net proceeds to fund redemption of all outstanding 2.3% senior unsecured notes due 2021, and all outstanding 2.6% senior unsecured notes due 2022.


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