Company Overview of DIRECTV Holdings LLC
DIRECTV Holdings LLC provides digital television entertainment services to customers in the United States and Latin America. The company offers various HD channels; owns and operates home service provider network of installers and service technicians. It delivers video entertainment to homes, airports, hotels, restaurants, hospitals, office buildings, airplanes, automobiles, and mobile devices. The company was founded in 1990 and is based in El Segundo, California.The company has additional offices in New York, New York, and Denver, Colorado, as well as broadcast centers in Castle Rock, Colorado; and Long Beach and Marina Del Rey, California. It also has customer contact centers in Boise, Id...
2230 East Imperial Highway
El Segundo, CA 90245
Founded in 1990
Key Executives for DIRECTV Holdings LLC
Chief Executive Officer, President and Director
Chief Financial Officer and Executive Vice President
Executive Vice President, Secretary, General Counsel and Director
Senior Vice President and Controller
Compensation as of Fiscal Year 2016.
DIRECTV Holdings LLC Key Developments
DIRECTV Group Holdings, LLC Replaces Deloitte & Touche LLP with Ernst & Young LLP as Independent Auditor
Aug 27 15
The independent accountant previously engaged by DIRECTV Group Holdings, LLC (DIRECTV), Deloitte & Touche LLP(Deloitte), is no longer independent as a result of the acquisition of DIRECTV by AT&T Inc. on July 24, 2015. AT&T's independent auditor, Ernst & Young LLP, was engaged on August 24, 2015 to audit the financial statements of DIRECTV and/or DIRECTV Holdings, LLC for the year ended December 31, 2015, as authorized by AT&T's Audit Committee.
AT&T Inc. and DIRECTV Holdings LLC and DIRECTV Financing Co. Inc. Redeem All of the Outstanding Amounts of Four Kinds of Notes
Aug 17 15
AT&T Inc. and DIRECTV Holdings LLC and DIRECTV Financing Co. Inc. are redeeming all of the outstanding amounts of four kinds of notes. The companies on Aug. 13, 2015 provided irrevocable notices to redeem AT&T's 0.800% global notes due Dec. 1 and 0.900% global notes due Feb. 12, 2016, as well as the DIRECTV units' 3.125% senior notes due Feb. 15, 2016, and 3.500% senior notes due March 1, 2016. AT&T expects the aggregate cash payment for the redemptions listed above to be around $4.29 billion, including principal of $4.25 billion, accrued interest of $7 million and an estimated call premium of about $33 million. The redemptions of these debt issuances are expected to be funded by cash on hand. The Bank of New York Mellon serves as trustee in relation to the notes. AT&T also provided notice to Mizuho Bank Ltd. that it will make an optional prepayment of advances on Sept. 2, in the amount of $1.0 billion of the amount outstanding under the $2.0 billion term loan credit agreement by and between AT&T and Mizuho.
DIRECTV Holdings LLC Enters 3.5 Year Credit Agreement with Revolving Termination Date of February 7, 2016
Jul 24 15
On September 28, 2012 DIRECTV Holdings LLC (Borrower), an indirect, wholly-owned subsidiary of DIRECTV, and the company and certain of Borrower's subsidiaries, including DIRECTV Financing Co. Inc., as Guarantors, entered into: a 3.5 Year Credit Agreement with a Revolving Termination Date of February 7, 2016; and a 5 Year Credit Agreement with a Revolving Termination Date of September 28, 2017, each of the Credit Agreements dated as of September 28, 2012, among the Borrower, the lenders party thereto from time to time, Citibank, N.A., as Administrative Agent, Barclays Bank PLC, as Syndication Agent, and Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, The Royal Bank of Scotland PLC and UBS AG, Stamford Branch, as Co-Documentation Agents, and Citigroup Global Markets Inc., Barclays Bank PLC, Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, RBS Securities Inc. and UBS AG, Stamford Branch as Joint Lead Arrangers and Joint Book runners.
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