Barrington Broadcasting to launch new credit facility on Nov. 30

By Sara Rosenberg

New York, Nov. 23 - Barrington Broadcasting Group LLC is set to hold a bank meeting at 9:30 a.m. ET on Nov. 30 to launch a proposed credit facility, according to a market source.

Bank of America Merrill Lynch is the left lead on the deal.

Details on the structure are not yet available, the source said.

Proceeds will be used to refinance existing debt.

Barrington is a Schaumburg, Ill.-based owner and operator of network affiliated television stations.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.