Gray Television repurchased $21.5 million 9¼% notes for $24.3 million in second quarter

By Jennifer Chiou

New York, Aug. 8 - Gray Television, Inc. said it bought back $21.5 million of its 9¼% senior subordinated notes due 2011 for $24.3 million, including accrued interest, during the second quarter.

As of June 30, the Atlanta communications company had $635.5 million in outstanding debt.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.