US EditionSBS Extends Maturity Date On Its Credit Facility | Radio & Television Business Report
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SBS Extends Maturity Date On Its Credit Facility | Radio & Television Business Report
MIAMI — The Hispanic audio-focused media company founded and led by Raúl Alarcón Jr. has successfully extended the maturity date on its four-year-old credit facility, giving it until late August to satisfy its lenders — and at a marginally higher interest rate. The matter involves Spanish Broadcasting System (SBS) and its Royal Bank of Canada (RBC) asset-based loan credit facility, which
SBS Amends Its Revolving Credit Facility.
Spanish Broadcasting System announces an extension of its credit facility’s maturity date to August 29, 2025, providing the company with additional financial flexibility. SBS originally entered into the current credit facility in February 2021. As part of the amendment, SBS…
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