Contact: Chris Ripley, CFO
Lucy Rutishauser, SVP Corporate Finance & Treasurer
(410) 568-1500
Sinclair Prices Private Offering of Senior Unsecured Notes
BALTIMORE (August 15, 2016) – Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (“STG”), has priced its previously announced private offering of senior unsecured notes due 2027 (the “Notes”). The aggregate principal amount of Notes in the offering was upsized from $350 million to $400 million. The Notes were priced at 100% of their par value and will bear interest at a rate of 5.125% per annum payable semi-annually on February 15 and August 15, commencing February 15, 2017. This private placement of Notes is conditioned on customary closing conditions and is expected to close on August 30, 2016.
Read more…Bond August 2016 pricing_with upsize
Sinclair Prices Private Offering of Senior Unsecured Notes
RECENT NEWS RELEASES
- January 20, 2022
- ONE MEDIA Congratulates MPEG LA on the Formation of ATSC 3.0 Patent Pool
- January 19, 2022
- NewsON Launches on Samsung TV Platform, Amplifying Robust Product Portfolio
- January 18, 2022
- Sinclair Broadcast Group Announces Annual Diversity Scholarship Submission for 2022, Shaping the Future of Broadcasting
- January 13, 2022
- Diamond Sports Group Enters Into Agreement with Creditors on Liquidity Enhancing Transaction
- Sinclair Announces Renewal of its Extended Market and Digital Rights Agreement with the NBA
- Significant Emergency Information Research Study Released
- January 11, 2022
- Sinclair Announces Renewals of NBC and Fox Affiliation Agreements
- December 23, 2021
- Sinclair Broadcast Group Supports Local Charities in TV Stations’ Holiday Donation Drives
- December 21, 2021
- Sinclair Broadcast Group Raises Nearly $175K for American Red Cross Tornado Relief
- December 15, 2021
- Sinclair Broadcast Group Partners with the American Red Cross for Tornado Relief