Feb 8 Newspaper publisher Media General Inc
MEG.N late on Friday sold $300 million of senior secured
first lien notes in the 144a private placement market, said
IFR, a Thomson Reuters service.
The size of the deal was decreased from an originally
planned $350 million.
Bank of America Merrill Lynch and SunTrust were the joint
bookrunning managers for the sale.
BORROWER: MEDIA GENERAL INC
AMT $300 MLN COUPON 11.75 PCT MATURITY 2/15/2017
TYPE SR NOTES ISS PRICE 97.69 FIRST PAY 8/15/2010
MOODY'S B2 YIELD 12.25 PCT SETTLEMENT 2/12/2010
S&P SINGLE-B SPREAD 925 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YRS*
*MAKE-WHOLE CALL 50 BPS