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Townsquare announces new notes and loans to fund the call of $411 million notes due 2019
By Paul A. Harris
Portland, Ore., March 2 – Townsquare Media, Inc. announced in a Monday press release that it plans to use proceeds from a new offering of senior notes and a new senior secured credit facility to fund the redemption of $410.9 million of its 9% senior notes due 2019.
The notes will be called on April 1 at 106.75.
Townsquare Media is a Greenwich, Conn.-based media and entertainment and digital marketing services company.
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