DTV DTE Energy Company

   DOW JONES NEWSWIRES 
 

DirecTV Group Inc. (DTV) extended its exchange offer for $2 billion in senior notes to 5 p.m. EDT on April 13 to give more debt holders time to tender their notes.

The digital TV services company said Monday that so far 54.7% of the outstanding principal amount of the 4.75% senior notes and 35.5% of the 5.875% senior notes have been tendered.

The company offered to exchange up to $1 billion of both its 4.75% senior notes and 5.875% senior notes due in 2014 and 2019, respectively. The notes were initially sold in a private placement last September.

DirecTV swung to a loss in the most recent quarter on merger-related costs.

Shares closed at $34.27 Thursday and didn't trade premarket.

-By Jodi Xu, Dow Jones Newswires; 212-416-3037; jodi.xu@dowjones.com