LBI Media draws on revolver for purchase of KPNZ-TV

By Sara Rosenberg

New York, Dec. 4 - LBI Media Inc. drew down $10 million under its revolving credit facility to fund the acquisition of selected assets of a television station, KPNZ-TV, Ogden, Utah, according to an 8-K filed with the Securities and Exchange Commission Tuesday.

The draw was made on Nov. 30.

LBI Media is a Burbank, Calif., owner and operator of Spanish-language radio and television stations.

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