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Prospect News home > News index > List of issuers S > Headlines for Sinclair Broadcast Group, Inc. > News item
Published on 1/31/2023 in the Prospect News Bank Loan Daily.

Sinclair Broadcast pulls amendment to migrate term loan B-2 to SOFR

By Sara Rosenberg

New York, Jan. 31 – Sinclair Broadcast Group pulled its negative consent amendment that would have transitioned its term loan B-2 to SOFR from Libor and would have added 10 basis points CSA, according to a market source.

JPMorgan Chase Bank was the lead on the deal.

Sinclair is a Hunt Valley, Md.-based broadcaster that owns, operates or provides services to television stations.


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