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Beasley Broadcast Group Prices Upsized Notes Offering
RADIO ONLINE | Thursday, January 21, 2021 |
Beasley Broadcast Group has priced an offering of $300 million in aggregate principal amount of 8.625% Senior Secured Notes due 2026. The size of the offering was increased by $20 million from the previously announced offering size of $280 million. Beasley expects to use the net proceeds of this offering to repay in full existing debt under the its senior secured credit facilities. The notes offering is expected to close on February 2.
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