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Prospect News home > News index > List of issuers G > Headlines for GateHouse Media, Inc. > News item
Published on 7/21/2006 in the Prospect News Bank Loan Daily.

GateHouse to repay second-lien loan with IPO proceeds

By Sara Rosenberg

New York, July 21 - GateHouse Media Inc. plans on repaying in full its $152 million second-lien term loan using proceeds from a proposed initial public offering, according to an S-1 filed with the Securities and Exchange Commission Friday.

Remaining IPO proceeds will be used for general corporate purposes.

GateHouse is a Fairport, N.Y.-based community newspaper company.


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