Contact: Chris Ripley, CFO
Lucy Rutishauser, SVP Corporate Finance & Treasurer
Sinclair Announces Proposed Private Offering of Senior Unsecured Notes of Sinclair Television Group
BALTIMORE (March 9, 2016) – Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (“STG”), intends to offer, subject to market conditions and other factors, $350.0 million aggregate principal amount of Senior Unsecured Notes (the “Notes”). The Notes are expected to mature in 2026 and to be guaranteed by Sinclair and certain of Sinclair’s subsidiaries.
Read more…Bond March 2016 launch