Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Spanish Broadcasting System, Inc. > News item |
Spanish Broadcasting plans to use new notes to redeem preferred stock
Chicago, Feb. 5 – Spanish Broadcasting System Inc. plans to use the proceeds from a new offering of senior secured notes to redeem the company’s series B preferred stock, according to a press release.
The company plans to start a roadshow on Monday for $310 million of new notes.
The company is a Miami-based owner and operator of radio 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.