With New Senior Notes Priced, Nexstar Prices Two Term Loans


Nexstar Media Group on Tuesday revealed that indirect wholly owned subsidiary Nexstar Escrow Inc. intends to offer up to $1.12 billion in aggregate principal amount of new senior notes due 2027 — in a private offering.

One day later, pricing of the notes was set, with an aggregate principal amount of 5.625% expected to be completed on or about July 3.

Now, the broadcast TV company poised to merge with Tribune Media has priced — through its Nexstar Broadcasting — a pair of term loan facilities.

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