Sinclair Television launches credit facility amendment to investors

By Sara Rosenberg

New York, Sept. 12 - Sinclair Television Corp. held a call at 11 a.m. ET on Wednesday to launch an amendment to its credit facility to existing lenders, according to sources.

Consents are due at 3 p.m. ET on Sept. 19.

Lenders are being offered a 25 basis points amendment fee, sources said.

The credit facility consists of a $97.5 million revolver, a $268 million term loan A and a $591 million term loan B.

J.P. Morgan Securities LLC and Wells Fargo Securities LLC are leading the amendment.

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

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