Fisher Communications to repay bank debt with note sale proceeds

By Sara Rosenberg

New York, Sept. 1 - Fisher Communications Inc. plans to repay debt under its existing credit facilities using proceeds from a proposed private placement of $150 million senior notes due 2014, according to a company news release.

The company also plans on getting a new $20 million senior secured credit facility at the closing of the senior notes offering, the release added.

Fisher is a Seattle-based integrated media company.

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