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Prospect News home > News index > List of issuers L > Headlines for LBI Media Inc. > News item
Published on 3/7/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

LBI Media to redeem 11% notes with proceeds from $240 million of notes

By Toni Weeks

San Diego, March 7 - LBI Media Inc. will use the proceeds of its offering of $240 million senior secured notes due 2019 announced Monday to redeem in full the 11% senior discount notes due 2013 issued by its parent company, LBI Media Holdings, Inc., according to a company press release.

Based in Burbank, Calif., LBI Media is a Spanish-language entertainment company.


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