Sinclair Closes Private Offering of Senior Secured Notes and Senior Notes

Contact: Lucy Rutishauser, SVP Chief Financial Officer
                    (410) 568-1500

Sinclair Closes Private Offering of Senior Secured Notes and Senior Notes

BALTIMORE (August 2, 2019) – In connection with its $9.6 billion pending and previously announced acquisition of a regional sports networks business (“RSN”) from The Walt Disney Company, Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its indirect wholly-owned subsidiaries, Diamond Sports Group, LLC (“Diamond”) and Diamond Sports Finance Company (the “Co-Issuer” and, together with Diamond Sports Group, the “Issuers”), have closed their previously announced private offering of $3.050 billion aggregate principal amount of Senior Secured Notes due 2026 (the “Secured Notes”) and $1.825 billion aggregate principal amount of Senior Notes due 2027 (the “Senior Notes” and, together with the Secured Notes, the “Notes”).

Read more…Bond August 2019 closing FINAL

RECENT NEWS RELEASES