The DIRECTV Group, Inc. (NASDAQ:DTV) announced that its subsidiaries, DIRECTV Holdings LLC and DIRECTV Financing Co., Inc., have completed their previously announced $2.0 billion debt financing. This financing consists of $1.0 billion in 4-3/4 percent senior notes due 2014 and $1.0 billion in 5-7/8 percent senior notes due 2019. The net proceeds of this financing are available for general corporate purposes and for the repurchase of their existing 8-3/8 percent Senior Notes due 2013 pursuant to a tender offer announced by the Company on September 14, 2009. The senior notes were sold pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended, and have not been registered in the United States under the Securities Act or in any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This information shall not constitute an offer to sell or the solicitation of an offer to buy the senior notes.

