18.10.2013 21:06:00

Sinclair Broadcast Group, Inc. -- Moody's says Sinclair's announcement to issue only $250 million of the proposed $1 billion incremental 1st lien sr secured term loan B has no immediate impact on...

New York, October 18, 2013 -- Moody's says Sinclair Broadcast Group, Inc.'s ("Sinclair") announcement to issue only $250 million of the proposed $1 billion incremental 1st lien senior secured term loan B has no immediate impact on ratings. Moody's expects Sinclair will look to issue up to the remaining $750 million of incremental 1st lien senior secured term loans in the near term to fund the pending Allbritton acquisition which is now expected to close in the first half of 2014.

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