LBI Media gets $10 million term loan add-on

By Sara Rosenberg

New York, Jan.24 - LBI Media Inc. closed on a $10 million add-on to its term loan on Jan. 23, according to an 8-K filed with the Securities and Exchange Commission Thursday.

The add-on is priced at Libor plus 175 basis points.

Wells Fargo Foothill and Credit Suisse, the administrative agent, provided the add-on.

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

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