The notes were priced at 100.250%, plus accrued interest from May 15, 2013. The notes are senior unsecured obligations of Nexstar Broadcasting and will be guaranteed by Nexstar, Mission and all of Nexstar Broadcasting and Mission’s future domestic restricted subsidiaries on a senior unsecured basis. Nexstar Broadcasting and Mission used the net proceeds from the offering, together with the proceeds from a $150 million increase to its and Mission’s term loans under the existing senior secured credit facilities and cash on hand, to commence a tender offer for any and all of its and Mission’s outstanding 8.875% Senior Secured Second Lien Notes due 2017, to fund the proposed acquisition of five television stations in four markets from Citadel Communications, L.P. and Stainless Broadcasting, L.P., to pay related fees and expenses and for general corporate purposes.Tender Offer
Nexstar Broadcasting Third Quarter Net Revenue Rises 39.8% To A Record $125.8 Million
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