LIN TV holders put back all $125 million 2.5% exchangeable debentures

By Jennifer Chiou

New York, May 16 - LIN TV Corp. received notice that all holders of its $125 million of 2.5% exchangeable senior subordinated debentures had put back their securities, according to an 8-K filing with the Securities and Exchange Commission.

The company repurchased the securities at par, using $115 million of its $275 million available revolving credit facility along with operating cash balances.

Based in Providence, R.I., LIN TV is a local television and digital media company.

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