SINCLAIR ANNOUNCES ANY AND ALL PRIVATE DEBT EXCHANGE OFFER AND CONSENT SOLICITATION OF SENIOR NOTES OF DIAMOND SPORTS GROUP
BALTIMORE (May 12, 2020) – Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) today announced its indirect subsidiaries, Diamond Sports Group, LLC and Diamond Sports Finance Company (together, the “Issuers”) are commencing a private exchange offer (the “Exchange Offer”) for any and all of the Issuers’ outstanding 6.625% Senior Notes due 2027 (the “Senior Notes”) for newly issued 12.750% Senior Secured Notes due 2026 (the “New Secured Notes”) (CUSIP/ISIN 25277LAE6 / US25277LAE65; U2527JAC9 / USU2527JAC90) and a cash payment 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 May 12, 2020 (the “Offering Memorandum” and, together with the accompanying letter of transmittal, the “Offer Documents”).
Read more…Launch Exchange 2020.05.12
Sinclair Announces Any And All Private Debt Exchange Offer And Consent Solicitation Of Senior Notes Of Diamond Sports Group
RECENT NEWS RELEASES
- September 23, 2021
- Major Broadcasters Launch NEXTGEN TV on Five Local Television Stations in St. Louis, MO
- September 21, 2021
- Sinclair to Report Third Quarter 2021 Results on November 3, 2021 at 7:30 a.m. (Eastern Time)
- September 20, 2021
- Sinclair Broadcast Group Raises Nearly $700,000 for Local Charities in Stations’ Back-to-School Drives
- September 14, 2021
- Major Broadcasters Launch Nextgen TV On Five Local Television Stations In Cincinnati, OH
- September 8, 2021
- NextGen’s Towering Promise (from the September/October 2021 issue of The Financial Manager magazine)
- Sinclair Broadcast Group Names John Manzi Vice President And General Manager of KSAS-TV in Wichita, Kansas
- “Full Measure with Sharyl Attkisson” Sinclair Broadcast Group’s Weekly Investigative News Program Returns for Seventh Season on Sunday, September 12
- August 23, 2021
- Sinclair Broadcast Group Names Franco Gentile Vice President/General Manager of KPTM and KXVO in Omaha, Nebraska
- August 20, 2021
- Rebecca O’sullivan-Schulte Named Senior Vice President And General Manager Of Bally Sports West, Bally Sports SoCal And Bally Sports San Diego
- August 19, 2021
- Tennis Channel Brings Tennis Home to U.K. Fans