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Article: Sinclair Announces Completion and Results of Tender Offers.
- Article from:
- PR Newswire
- Article date:
- November 6, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BALTIMORE, Nov. 6 /PRNewswire-FirstCall/ -- Sinclair Television Group, Inc. ("Sinclair"), a wholly-owned subsidiary of Sinclair Broadcast Group, Inc. (the "Company") today announced the completion of its tender offers for any and all of the Company's outstanding 3.0% Convertible Senior Notes due 2027 (CUSIP No. 829226AW9) (the "3.0% Notes") and 4.875% Convertible Senior Notes due 2018 (CUSIP No. 829226AU3) (the "4.875% Notes" and, together with the 3.0% Notes, the "Notes"). As of 12:00 midnight, New York City time on November 5, 2009 (the "Expiration Date"), holders representing approximately 90.60% ($266.6 million) in principal amount of the 3.0% Notes and 74.21% ...