Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Tenders 2005 > News item |
Nexstar Broadcasting calls $160 million 12% notes
By Caroline Salls
Pittsburgh, March 2 - Nexstar Broadcasting Group Inc. said it will redeem all $160 million outstanding of its 12% senior subordinated notes due April 1, 2008 on April 1 at a price of $1,060 per $1,000 principal amount plus interest accrued to the redemption date.
The company expects to fund the redemption with funds from committed financing sources.
Nexstar is an Irving, Texas, owner, operator, programmer and seller to 46 television stations in 27 markets.
© 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.