|Bid||28.18 x 1800|
|Ask||28.18 x 900|
|Day's Range||27.62 - 28.94|
|52 Week Range||10.58 - 35.92|
|Beta (5Y Monthly)||1.27|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.80 (2.84%)|
|Ex-Dividend Date||Nov 30, 2020|
|1y Target Est||N/A|
Four leading local television stations in Norfolk, VA, including WAVY-TV (NBC), WVBT and WNLO-CD (FOX), and WTVZ-TV (MyNet), today became among the first in the nation to begin broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology. Based on the same fundamental technology as the Internet, digital applications, and other web services, NEXTGEN TV can support a wide range of features currently in development, such as immersive audio and video (up to 4K), broadcasting to mobile devices, personalized viewing tools, and advanced emergency alerts providing rich media instead of simple text messages. NEXTGEN TV also allows full integration with 5G and other broadband-delivered Internet content.
Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the "Issuer"), has priced its previously announced private offering for an aggregate principal amount of $750 million of Senior Secured Notes due 2030 (the "2030 Notes").
Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("STG"), has notified the trustee ("Trustee") for its 5.625% Senior Notes due 2024 (CUSIP No. 829259AR1) (the "Notes") that it intends to redeem, in full, STG's outstanding $550 million aggregate principal amount of Notes on December 4, 2020 (the "Redemption Date"). The redemption of the Notes is conditioned upon STG's incurrence of new debt financing generating gross proceeds of at least $550 million (the "Financing").