Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) (the “Company”) announced today that its wholly-owned subsidiary, Nexstar Broadcasting, Inc. (“Nexstar Broadcasting”) and Mission Broadcasting, Inc. (“Mission” and together with Nexstar Broadcasting, the “Issuers”), have received, pursuant to their previously announced cash tender offer and consent solicitation for any and all of the outstanding $314,575,000 aggregate principal amount of 8.875% Senior Secured Second Lien Notes due 2017 (the “Notes”), the requisite consents to adopt proposed amendments to the indenture, under which the Notes were issued, that would, among other things, eliminate substantially all of the restrictive covenants, certain events of default and certain related provisions contained in the indenture (collectively, the “Base Amendments”) and provide for the release of the liens on the collateral that secures the Issuers’ and the Company’s obligations with respect to the Notes (the “Collateral Amendments” and together with the Base Amendments, the “Amendments”). Pursuant to the indenture under which the Notes were issued, adoption of the Collateral Amendments required the consent of holders of at least 75% of the outstanding principal amount of the Notes. As reported by the depositary, tenders and corresponding consents have been delivered with respect to $292,688,000 aggregate principal amount of the Notes (representing 93.04% of the outstanding aggregate principal amount of the Notes), which Notes had been validly tendered and not validly withdrawn as of 5:00 p.m., New York City time, on September 30, 2013 (the “Consent Payment Deadline”). As a result, the requisite consents have been obtained with respect to all of the Amendments. In conjunction with receiving the requisite consents, the Issuers, the Company, the guarantors party thereto, and The Bank of New York Mellon, as trustee and collateral agent, executed a first supplemental indenture with respect to the indenture governing the Notes effecting certain amendments that would implement the Amendments. The first supplemental indenture became operative upon acceptance of the Notes for purchase by the Issuers pursuant to the terms and conditions described in the Statement (as defined below).