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Scripps completes transactions to refinance revolver and 2026, 2028 term loans
SSPScripps(SSP) Prnewswire·2025-04-10 20:15

CINCINNATI, April 10, 2025 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has successfully completed a series of previously announced refinancing transactions, which include: Refinance of approximately 110.8millionaggregateprincipalamountofexistingtrancheB−2termloanswithnewtrancheB−2termloansdue2028,withremainingexistingtrancheB−2termloansrepaidincash,includingwithproceedsfromanewaccountsreceivablesecuritizationfacility,approximately110.8 million aggregate principal amount of existing tranche B-2 term loans with new tranche B-2 term loans due 2028, with remaining existing tranche B-2 term loans repaid in cash, including with proceeds from a new accounts receivable securitization facility, approximately 223.5 million of proceeds ...