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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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