WEST CHESTER, Pa.--(BUSINESS WIRE)--QVC, Inc.announced today the pricing of $225 million principal amount of new 6.375% Senior Secured Notes due 2067. QVC also granted the underwriters of this offering an option to acquire up to an additional $33.75 million principal amount of the Notes to cover any over-allotments. The Notes will be secured by a first-priority lien on the capital stock of QVC, which is the same collateral that secures QVC's existing secured indebtedness and certain future indebtedness. The net proceeds from the offering will be used to partially repay existing indebtedness under QVC’s senior secured credit facility and for general corporate purposes. The offering is expected to close on or about September 13, 2018, subject to customary closing conditions. QVC is a wholly-owned subsidiary of Qurate Retail, Inc. (formerly Liberty Interactive Corporation) (Nasdaq: QRTEA and QRTEB).