Nexstar Broadcasting redeems 16% notes

New York, Jan. 7 - Nexstar Broadcasting Group, Inc. said that its wholly owned Nexstar Finance Holdings, Inc. subsidiary redeemed all of its outstanding 16% senior discount notes due 2009.

Nexstar, an Irvine, Tex.-based television station owner, said that the total amount paid to the noteholders for the redemption, call premiums and accrued interest through Jan. 6 was $34.8 million.

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