SBGI — Interest Payment due on New First-Out Notes due 2033
Aug 15, 2025, 4:00:00 AM UTC
Summary
Sinclair Broadcast Group, LLC is set to make the first interest payment on its New First-Out Notes due 2033 on August 15, 2025. The notes, which carry an interest rate of 8.125% per annum, are secured by the company’s tangible and intangible assets and were issued as part of a broader financing initiative to strengthen Sinclair's balance sheet and prepare for long-term growth. The company raised $1.43 billion through the issuance of these notes, with the proceeds used to repay existing debt and fund transactions related to its restructuring efforts. This interest payment is part of a semi-annual obligation established in the indenture for the New First-Out Notes.
Company
SINCLAIR INC (SBGI)NASDAQ — Communication Services: Transportation Communications Electric Gas And Sanitary Service, Entertainment: Television Broadcasting Stations
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Interest Payment Date