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Published on 10/29/2008 in the Prospect News Bank Loan Daily.

Belo borrows $364 million under revolver

By Sara Rosenberg

New York, Oct. 29 - Belo Corp. drew down $364 million under its revolving credit facility, according to a news release.

The funds were used to retire $350 million of 8% senior notes due Nov. 3, plus accrued interest.

Belo is a Dallas-based pure-play, publicly-traded television company.


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