Sinclair Announces Extension Of Early Tender Time For The Private Debt Exchange Offer And Consent Solicitation Of Diamond Sports Group
BALTIMORE (May 27, 2020) –Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) today announced that its indirect subsidiaries, Diamond Sports Group, LLC and Diamond Sports Finance Company (together, the “Issuers”), have amended their previously announced private offer to exchange (the “Exchange Offer”) 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 upon the terms and conditions set forth in the 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”) to extend the early tender time through 5:00 p.m., New York City time, on June 1, 2020 (as extended hereby and subject to further extension, the “New Early Tender Time”).
Read more…Early Participation Press Release – Amendment to Terms
RECENT NEWS RELEASES
- June 30, 2022
- Sinclair Broadcast Group Wins 28 National Capital Chesapeake Bay Emmy Awards
- June 22, 2022
- Sinclair Broadcast Group Names Robert Croteau Vice President/General Manager of WRGB and WCWN in Albany, NY
- June 20, 2022
- Chris Daniels to Join Sinclair Broadcast Group’s “Spotlight on America” Investigative Team
- June 15, 2022
- COMET, CHARGE! and TBD Multicast Networks Secure Nationwide Affiliate Growth and Add New Series to Primetime and Late Night Schedules, Driving Strong Increases in Viewership
- Sinclair Names Adam Ware Senior Vice President, Growth Networks Group
- June 9, 2022
- Sinclair Elects Board And Ratifies Independent Auditor
- June 2, 2022
- Major Broadcasters Launch NextGen TV On Five Local Television Stations In Greenville, SC
- June 1, 2022
- Sinclair Broadcast Group and Feeding America® Launch Sinclair Cares: Summer Hunger Relief
- May 31, 2022
- Sinclair Broadcast Group Wins 22 RTDNA Regional Edward R. Murrow Awards
- May 25, 2022
- Sinclair Broadcast Group Wins Four Telly Awards