Sinclair Broadcast Group prices $350M in 6.375% senior notes at par

|About: Sinclair Broadcast Group, Inc. (SBGI)|By:, SA News Editor

Sinclair Broadcast Group (SBGI +4.9%) prices $350M (upsized from $300M) in 6.375% senior unsecured notes due 2021 at par.

Proceeds, along with Sinclair's credit facility and cash, will be used to redeem the company's 9.25% senior secured notes due 2017.