Townsquare Media makes $20 million voluntary repayment on term loans

By Tali Rackner

Norfolk, Va., Oct. 2 – Townsquare Media, Inc. made a $20 million voluntary repayment on the outstanding term loans under its senior secured credit facility on Wednesday, according to an 8-K filing with the Securities and Exchange Commission.

Following the repayment, the company had about $298.5 million aggregate principal amount of term loans outstanding under the facility.

Townsquare Media is a Greenwich, Conn.-based diversified media and entertainment and digital marketing services company.

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