Scripps Prices Private Offering Of New Notes
April 20, 2017 at 4:07 PM (PT)
The E.W. SCRIPPS COMPANY has priced its private placement offering of $400 million of new senior unsecured notes at 5.125%, maturing in 2025 and guaranteed by certain of the company's existing and future subsidiaries.
The sale is expected to be completed by APRIL 28th and refinances the company's debt, paying off the existing $391 million Term Loan B due in 2020.