SBS Recapitalizes With $310 Million


Latin media giant Spanish Broadcasting System (SBS) announced today (Feb. 18) that it has finally completed its longstanding recapitalization.

The process includes the closing of a Feb. 12 offering of $310 million in aggregate principal amount of its senior secured notes, due in 2026.

SBS’ holdings include the SBS radio network, which has some of the leading Spanish language stations in the United States and Puerto Rico, including top-rated La Mega in New York City, the most-listened to Spanish language radio station the country, according to Nielsen.

Latest articles

DVT Cases and COVID: What Are the Links?

Doctors have found more blood clot cases, like DVT and PE, during the pandemic. Find out what might cause these conditions, how they...

Lady Gaga Statement After Dog Walker Shooting and Dog Theft

Image Source: Getty / Neilson Barnard On Friday night, Lady Gaga's dogs were found safe after a pair of thieves...

When a naked mole-rat meets a sneaky sea worm

What do naked mole-rats and ancient sea worms have in common? Quite a bit, which is why they’re sharing real estate in this...

Invest in Cryptocurrency And Support A Great Cause with This Giveaway

Bitcoin started as an unusual experiment, and since then, it’s grown, in boom and bust, to the point where you can buy a...

Related articles

Leave a reply

Please enter your comment!
Please enter your name here