Media General said it amended its bank credit agreement, giving...
Media General said it amended its bank credit agreement, giving it more financial flexibility and pushing back some maturities. By refinancing some debt due March 2013 with $225 million in new notes issued before May 25, 2012, the company will…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
be able to delay the maturity of some of its debt by two years, it said. “We are pleased with the overall parameters of our new financing structure,” though Media General’s interest costs will increase this year, said CEO Marshall Morton.