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LBI Media Looks To Refinance
March 15, 2006 at 5:59 AM (PT)
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LBI MEDIA is looking to refinance its existing $220 million senior secured revolving credit facility with new $260 million senior secured credit facilities, including a $110 million term loan credit facility and a $150 million revolving credit facility maturing in six years.
The refinancing would pay off its current debt and would also be used to to fund capital expenditures, permitted acquisitions, working capital, closing costs and other general corporate purposes.

