Sinclair Broadcast investors forgo put option on 4.875% convertibles

By Susanna Moon

Chicago, Jan. 19 - Sinclair Broadcast Group, Inc. said no holders exercised their put option on the remaining $5.7 million of its 4.875% convertible debentures due July 15, 2018.

The notes were putable at par. The put option expired on Jan. 18.

There are no more put options remaining on the notes.

Sinclair Broadcast is a Hunt Valley, Md.-based diversified television broadcasting company.

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