Sinclair Broadcast Group (NASDAQ:SBGI) has priced its private debt offeringin connection with a pending $9.6B acquisition of Disney's regional sports network business.
Sinclair priced $3.05B in senior secured notes due 2026 and $1.825B in senior notes due 2027.
The secured notes are priced at 100% of face value and will bear interest at 5.375% per annum. The other senior notes were also priced at 100% of face, and will bear interest at 6.625% per annum.
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