Sinclair Extends Exchange Offer
BALTIMORE, Jan. 23, 2014 /PRNewswire/ -- Sinclair Television Group, Inc. ("Sinclair"), a wholly-owned subsidiary of Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), today announced that it will extend until January 24, 2014, at 5:00 p.m., New York City time, the offer to exchange up to $350.0 million aggregate principal amount of its 6.375% Senior Notes due 2021 (the "Notes") for an equal aggregate amount of its registered 6.375% Senior Notes due 2021.
As of 5:00 p.m., New York City time, on January 22, 2014, approximately $348.8 million aggregate principal amount of Notes, or 99.66% of the outstanding Notes, had been tendered in the exchange offer.
A copy of the prospectus and offering materials relating to the exchange offer may be obtained from U.S. Bank National Association, 60 Livingston Avenue, Saint Paul, Minnesota 55107, Attention: Corporate Trust Services/Specialized Finance, Tel: 804-934-6802.
Sinclair Broadcast Group, Inc., the largest and one of the most diversified television broadcasting companies, owns and operates, programs or provides sales services to 168 television stations in 77 markets, pro forma for pending transactions. Sinclair's television group is affiliated with all major networks and will reach approximately 38.7% of all U.S. television households. For more information, please visit Sinclair's website at www.sbgi.net.
SOURCE Sinclair Broadcast Group, Inc.