Sinclair Announces Proposed Private Offering of Senior Unsecured Notes
Tickers: SBGI
Sinclair Broadcast Group (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("STG"), intends to offer, subject to market conditions and other factors, $500.0 million aggregate principal amount of Senior Unsecured Notes (the "Notes"). The Notes are expected to mature in 2022 and to be guaranteed by Sinclair and certain of Sinclair's subsidiaries.
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