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Sinclair Broadcast Group buys back $15.4 million of 8% notes
By Devika Patel
Knoxville, Tenn., May 7 - Sinclair Broadcast Group, Inc. reported that, during the first quarter, it bought back $15.4 million of its 8% senior subordinated notes due 2012 in the open market.
The company said that, after the buyback, it has $248 million of the notes outstanding.
Sinclair is a Baltimore-based television broadcaster.
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