Moody’s Investors Service changed its ratings outlook for Local TV Finance LLC’s to “positive” from “stable” and affirmed the company’s existing ratings including its Caa1 Corporate Family Rating (CFR ...
Overview -- U.S.-based TV station owner Local TV plans on upsizing its term loan debt by $70 million to pay a dividend. -- As a result, pro forma debt to trailing-eight-quarter average EBITDA ...
Overview -- Performance has been solid at U.S. TV broadcaster operating Local TV, and we expect credit metrics will continue to improve over the remainder of 2012. -- We are raising our corporate ...
The waiver argument being pursued by Robert Lawrence and Local TV LLC is the good old, tried-and-true failed station waiver, which it hopes will enable it to acquire KPBI-TV Eureka Springs AR, serving ...
The pace of consolidation in local TV is accelerating. In the last two months alone, three major deals have been announced: Media General is acquiring New Young Broadcasting, Gannett is acquiring Belo ...
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