BRIEF-Sinclair Enters Into Agreement With Creditors On Liquidity Enhancing Transaction

Reuters

01-14

Jan 14 (Reuters) - Sinclair Inc :

* SINCLAIR ENTERS INTO AGREEMENT WITH CREDITORS ON LIQUIDITY ENHANCING TRANSACTION

* SINCLAIR INC - STG TO ENTER INTO $650 MILLION FIRST-OUT REVOLVING CREDIT FACILITY

* SINCLAIR INC - TERM LOANS B-3 AND B-4 HOLDERS TO REFINANCE INTO SECOND-OUT FIRST LIEN TERM LOANS

* SINCLAIR INC - STG TO EXCHANGE $246 MILLION EXISTING SECURED NOTES FOR 4.375% SENIOR SECOND-OUT SECURED NOTES

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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