In conjunction with the Offer, Salem expects to secure financing consisting of a revolving credit facility of up to $25.0 million and a term loan facility of up to $300.0 million.
http://postproduction.digitalmedianet.com/article/Salem-Communications-Announces-Preliminary-Results-Through-Consent-Payment-Deadline-and-Intention-to-Redeem-All-Remaining-Outstanding-9625-Senior-Secured-Second-Lien-Notes--2533034
http://postproduction.digitalmedianet.com/article/Salem-Communications-Announces-Preliminary-Results-Through-Consent-Payment-Deadline-and-Intention-to-Redeem-All-Remaining-Outstanding-9625-Senior-Secured-Second-Lien-Notes--2533034
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