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Spanish Broadcasting System Seeks Refinancing
October 1, 2020 at 5:39 AM (PT)
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SPANISH BROADCASTING SYSTEM, INC. is looking for refinancing, making public TODAY (10/1) that it "intends to engage with certain existing and prospective lenders with respect to one or more potential refinancing transaction alternatives."
The company deregistered its common stock this SUMMER, citing a need to reduce expenses, the cost of reporting to the SEC, and having under 300 shareholders.