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Sinclair calls $70.03 million of 6% convertible debentures due 2012
By Melissa Kory
Cleveland, March 17 - Sinclair Broadcast Group Inc. said it will redeem $70,034,650 of its $166,851,650 of 6% convertible subordinated debentures due Sept. 15, 2012.
The convertibles will be redeemed on April 15 at par, plus accrued interest to the redemption date.
U.S. Bank NA is the redemption agent.
Sinclair Broadcast is a Hunt Valley, Md.-based diversified television broadcasting company.
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