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Published on 1/28/2010 in the Prospect News Bank Loan Daily.

Media General looking to amend and restate revolver and term loan

By Sara Rosenberg

New York, Jan. 28 - Media General Inc. is seeking consent from its credit facility lenders to combine, amend and restate its revolver and term loan, according to a news release.

In addition, the company plans to repay borrowings under its revolver using proceeds from a $350 million senior secured notes offering.

The notes and amendment are contingent on each other.

Media General is a Richmond, Va.-based provider of news, information and entertainment across multiple media platforms.


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