Sinclair files $500 million shelf registration

By Devika Patel

Knoxville, Tenn., March 9 - Sinclair Broadcast Group, Inc. filed a $500 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers debt securities, preferred stock, depositary shares, class A common stock and warrants.

The securities may be structured as convertibles.

Proceeds will be used for debt repayment, acquisitions, capital expenditures, redemptions or repurchases, working capital and general corporate purposes.

Sinclair is a Hunt Valley, Md.-based television broadcasting company.

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