Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Entercom Communications Corp. > News item |
Entercom Communications retires $16.3 million of notes in third quarter
By Susanna Moon
Chicago, Nov. 7 - Entercom Communications Corp. repurchased $16.3 million of its senior subordinated notes in the third quarter ended Sept. 30, according to a 10-Q filing with the Securities and Exchange Commission.
The company said it repurchased $58 million of the senior subordinated notes in the nine months ended Sept. 30.
Entercom bought back $41.7 million of the notes in the six months ended June 30, according to the SEC filing for the quarter ended June 30.
On Aug. 4 Entercom reported record free cash flow during the second quarter, which allowed the company to repurchase $10 million of its senior subordinated notes in the public market at a discount.
Entercom is a Bala Cynwyd, Pa., radio broadcasting company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.