Newsday Prices Higher Than Expected

02 Jul 2008

Newsday Media Group's $650 million term loan priced at a fixed rate of 10% with an original issue discount of 99.25 last week, slightly higher than was expected when the deal launched two weeks ago.

Newsday Media Group's $650 million term loan priced at a fixed rate of 10% with an original issue discount of 99.25 last week, slightly higher than was expected when the deal launched two weeks ago. Bank of America brought the loan out at a bank meeting on June ...

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