QVCC Profile
QVC, Inc. is a subsidiary of Qurate Retail, Inc. (formerly known as Liberty Interactive Corporation) that specializes in home shopping through television, e-commerce, and mobile platforms. QVC offers a wide range of consumer products, including apparel, jewelry, beauty products, electronics, and home goods.
The QVC Inc. 6.250% Senior Secured Notes Due 2068 (QVCC) is a debt security issued by QVC Inc. with a maturity date of 2068. The notes are senior secured debt, which means they have priority over other debt in case of default. The interest rate is fixed at 6.250% and is paid semi-annually.
Investors who purchase QVCC are essentially loaning money to QVC Inc. and receiving interest payments in return. The notes are traded on the NASDAQ exchange, and their value is influenced by a variety of factors, including QVC's financial performance, interest rates, and market conditions.
Overall, QVC Inc. has a solid reputation in the home shopping industry and has been successful in adapting to changing consumer trends, such as the shift to online shopping. As with any investment, potential buyers of QVCC should carefully consider their financial goals and risk tolerance before investing.
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