9	20	BLOCKBUSTER	BLOCKBUSTER	NNP
21	34	ENTERTAINMENT	ENTERTAINMENT	NNP
35	40	CORP.	CORP.	NNP
41	45	said	say	VBD
46	48	it	it	PRP
49	55	raised	raise	VBD
56	57	$	$	$
57	59	92	92	CD
60	67	million	million	CD
68	72	from	from	IN
73	75	an	an	DT
76	84	offering	offering	NN
85	87	of	of	IN
88	94	liquid	liquid	JJ
95	100	yield	yield	NN
101	107	option	option	NN
108	113	notes	note	NNS
113	114	.	.	.

115	118	The	the	DT
119	124	gross	gross	JJ
125	133	proceeds	proceed	NNS
134	138	from	from	IN
139	142	the	the	DT
143	147	sale	sale	NN
148	150	of	of	IN
151	154	the	the	DT
155	160	notes	note	NNS
160	161	,	,	,
162	167	which	which	WDT
168	172	will	will	MD
173	175	be	be	VB
176	179	due	due	JJ
180	182	on	on	IN
183	187	Nov.	Nov.	NNP
188	189	1	1	CD
189	190	,	,	,
191	195	2004	2004	CD
195	196	,	,	,
197	201	will	will	MD
202	204	be	be	VB
205	209	used	use	VBN
210	212	to	to	TO
213	219	reduce	reduce	VB
220	228	existing	exist	VBG
229	233	debt	debt	NN
234	237	and	and	CC
238	241	for	for	IN
242	249	general	general	JJ
250	259	corporate	corporate	JJ
260	268	purposes	purpose	NNS
268	269	,	,	,
270	273	the	the	DT
274	281	company	company	NN
282	286	said	say	VBD
286	287	.	.	.

288	291	The	the	DT
292	296	debt	debt	NN
297	306	reduction	reduction	NN
307	309	is	be	VBZ
310	318	expected	expect	VBN
319	321	to	to	TO
322	326	save	save	VB
327	330	the	the	DT
331	335	Fort	Fort	NNP
336	346	Lauderdale	Lauderdale	NNP
346	347	,	,	,
348	352	Fla.	Fla.	NNP
353	357	home	home	NN
358	363	video	video	NN
364	371	concern	concern	NN
372	377	about	about	RB
378	379	$	$	$
379	380	2	2	CD
381	388	million	million	CD
389	390	a	a	DT
391	395	year	year	NN
396	398	in	in	IN
399	407	interest	interest	NN
408	415	expense	expense	NN
415	416	.	.	.

417	420	The	the	DT
421	432	zero-coupon	zero-coupon	JJ
433	445	subordinated	subordinated	JJ
446	451	notes	note	NNS
452	456	have	have	VBP
457	459	no	no	DT
460	468	periodic	periodic	JJ
469	477	interest	interest	NN
478	486	payments	payment	NNS
486	487	.	.	.

488	492	Each	each	DT
493	497	note	note	NN
498	500	is	be	VBZ
501	506	being	be	VBG
507	514	offered	offer	VBN
515	517	at	at	IN
518	519	$	$	$
519	525	308.32	308.32	CD
526	529	per	per	IN
530	531	$	$	$
531	536	1,000	1,000	CD
537	546	principal	principal	NN
547	553	amount	amount	NN
554	556	at	at	IN
557	565	maturity	maturity	NN
565	566	,	,	,
567	579	representing	represent	VBG
580	582	an	an	DT
583	584	8	8	CD
584	585	%	%	NN
586	591	yield	yield	NN
592	594	to	to	TO
595	603	maturity	maturity	NN
603	604	.	.	.

605	607	In	in	IN
608	616	addition	addition	NN
616	617	,	,	,
618	622	each	each	DT
623	627	note	note	NN
628	631	can	can	MD
632	634	be	be	VB
635	644	converted	convert	VBN
645	649	into	into	IN
650	661	Blockbuster	Blockbuster	NNP
662	675	Entertainment	Entertainment	NNP
676	682	common	common	JJ
683	688	stock	stock	NN
689	691	at	at	IN
692	693	a	a	DT
694	698	rate	rate	NN
699	701	of	of	IN
702	708	13.851	13.851	CD
709	715	shares	share	NNS
716	719	per	per	IN
720	724	note	note	NN
724	725	.	.	.

726	733	Merrill	Merrill	NNP
734	739	Lynch	Lynch	NNP
740	747	Capital	Capital	NNP
748	755	Markets	Markets	NNP
756	760	Inc.	Inc.	NNP
761	763	is	be	VBZ
764	767	the	the	DT
768	772	sole	sole	JJ
773	784	underwriter	underwriter	NN
785	788	for	for	IN
789	792	the	the	DT
793	801	offering	offering	NN
801	802	.	.	.

803	806	The	the	DT
807	812	notes	note	NNS
813	817	will	will	MD
818	822	have	have	VB
823	824	a	a	DT
825	834	principal	principal	JJ
835	841	amount	amount	NN
842	844	of	of	IN
845	846	$	$	$
846	849	300	300	CD
850	857	million	million	CD
858	860	at	at	IN
861	869	maturity	maturity	NN
869	870	.	.	.

871	882	Blockbuster	Blockbuster	NNP
883	889	shares	share	NNS
890	896	closed	close	VBD
897	906	yesterday	yesterday	NN
907	909	at	at	IN
910	911	$	$	$
911	916	18.75	18.75	CD
916	917	,	,	,
918	922	down	down	RB
923	924	$	$	$
924	929	1.125	1.125	CD
929	930	,	,	,
931	933	in	in	IN
934	937	New	New	NNP
938	942	York	York	NNP
943	948	Stock	Stock	NNP
949	957	Exchange	Exchange	NNP
958	965	trading	trading	NN
965	966	.	.	.