Reuters logo
BRIEF-Salem Media Group announces proposed offering of $255 mln of senior secured notes
May 8, 2017 / 1:31 PM / in 6 months

BRIEF-Salem Media Group announces proposed offering of $255 mln of senior secured notes

May 8 (Reuters) - Salem Media Group Inc

* Salem media group announces proposed offering of $255 million of senior secured notes due 2024

* Salem media group - together with borrowings under abl facility, co intends to use net proceeds of offering of notes to repay outstanding borrowings

* Salem media group inc - expected that notes will be guaranteed on a senior secured basis by salem subsidiaries Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below