New York, November 29, 2016 -- Moody's Investors Service assigned a Baa2 rating to Time Warner Inc.'s ("Time Warner") new debt offering of benchmark size. The new senior notes will mature in 2027 and will be senior unsecured obligations of Time Warner. The guarantee structure for the notes will be the same as the structure for the notes and debentures Time Warner has issued beginning in 2010.

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