Sinclair Announces Any And All Private Debt Exchange Offer And Consent Solicitation Of 5.375% Secured Notes Of Diamond Sports Group

SINCLAIR ANNOUNCES ANY AND ALL PRIVATE DEBT EXCHANGE OFFER AND CONSENT SOLICITATION OF 5.375% SECURED NOTES OF DIAMOND SPORTS GROUP

BALTIMORE (February 15, 2022) – Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) today announced its indirect subsidiaries, Diamond Sports Group, LLC (“Diamond Sports Group”) and Diamond Sports Finance Company (the “Co-Issuer,” and together with Diamond Sports Group, the “Issuers”) have commenced a private exchange offer (the “Exchange Offer”) to Eligible Holders (as defined below) of 5.375% Senior Secured Second Lien Notes due 2026 (CUSIP / ISIN 25277LAF3 / US25277LAF31; U2527JAD7 / USU2527JAD73; 25277L AG1 / US25277LAG14) (the “Exchange Second Lien Secured Notes”) for any and all of the Issuers’ outstanding 5.375% Senior Secured Notes due 2026 (CUSIP / ISIN 25277LAA4 / US25277LAA44; U2527JAA3 / USU2527JAA35) (the “Existing Secured Notes”), on the terms and subject to the conditions set forth in a Confidential Offering Memorandum, Offer to Exchange and Consent Solicitation Statement, dated as of February 14, 2022 (the “Offer Documents”).

Read more…DSG – 2022 Refinancing – Press Release (Exchange Offer Launch)_FINAL

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