Mapleton Communications Completes Refinancing
July 2, 2015 at 2:28 PM (PT)
MAPLETON COMMUNICATIONS, LLC has completed its refinancing with lenders WEBSTER BANK, N.A. and BALANCE POINT CAPITAL PARTNERS. CORPORATE PARTNERS LLC remains majority shareholder. MAPLETON owns 42 stations in eight medium and small markets in CALIFORNIA, OREGON, WASHINGTON, and LOUISIANA.
CEO JAMES SHEA said, "We are so pleased to be partnering with two very experienced lenders that are active in the radio industry and share the same positive view of Radio's future."
CHUCK DREIFUS and MICHAEL BERGNER consulted the refinancing.