Time Warner will raise up to $1 billion in debt, it announced on Friday.
The underwritten public offering will be split between senior notes and senior debentures due, with the former due in 2022 and the later due in 2042.
The company, with holdings that include HBO, Warner Bros. and Turner Broadcasting, said that the money will be used for general corporate purposes.
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Time Warner said that Friday's debt offering was similar to one it undertook in 2011.
The notes and debentures will be guaranteed by Historic TW Inc. and have been rated "BBB" by Standard & Poor's.
Time Warner's shares were up .14 percent in mid-day trading to $35.05.