Sinclair Closes Private Offering of Senior Unsecured Notes

Contact: Chris Ripley, CFO
                Lucy Rutishauser, SVP Corporate Finance & Treasurer
                (410) 568-1500

Sinclair Closes Private Offering of Senior Unsecured Notes

    BALTIMORE (March 23, 2016) – Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (“STG”), has closed its private offering of $350 million aggregate principal amount of senior unsecured notes due 2026 (the “Notes”).  The Notes were priced at 100% of their par value and will bear interest at a rate of 5.875% per annum payable semi-annually on March 15 and September 15, commencing September 15, 2016. 

Read more…Bond March 2016 closing

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