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Lamar Advertising Company Announces Redemption of 6 5/8% Senior Subordinated Notes Due 2015

Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, today announced that its wholly owned subsidiary, Lamar Media Corp. ("Lamar Media"), intends to redeem in full all $122,760,000 of its 6 5/8% Senior Subordinated Notes due 2015 (CUSIP No. 513075AM3) (the "Notes"). The redemption will be made in accordance with the terms of the indenture governing the Notes and the terms of the notice of redemption.

Posted-In: News Financing

 

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