TITLE

Lee Enterprises Selling $1.050B for Refinancing

AUTHOR(S)
Sheahan, Matthew
PUB. DATE
April 2011
SOURCE
High Yield Report;4/18/2011, Vol. 22 Issue 16, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Lee Enterprises, a newspaper operator, will sell 675 million U.S. dollars in first-lien senior secured notes due 2017 and 375 million U.S. dollars in second-lien secured notes due 2018 to allow it to refinance all of its debt and avoid bankruptcy.
ACCESSION #
60173525

 

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