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Published on 7/30/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Lamar Media calls all $122.76 million 6 5/8% senior subordinated notes

By Ashley Montgomery

Kansas City, Kan., July 30 - Lamar Media Corp. will redeem all of its $122.76 million of 6 5/8% senior subordinated notes due 2015, according to a news release.

The notes are expected to be redeemed on Aug. 29 at 101.104 plus accrued interest up to but excluding the redemption date.

Bank of New York Mellon Trust Co., NA is the trustee.

Lamar Media is a wholly owned subsidiary of Lamar Advertising Co., a Baton Rouge, La.-based provider of outdoor advertising services.


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