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SBS Extends Maturity Date On Its Credit Facility | Radio & Television Business Report

Summary by Radio & Television Business Report
MIAMI — The Hispanic audio-focused media company founded and led by Raúl Alarcón Jr. has successfully extended the maturity date on its four-year-old credit facility, giving it until late August to satisfy its lenders — and at a marginally higher interest rate. The matter involves Spanish Broadcasting System (SBS) and its Royal Bank of Canada (RBC) asset-based loan credit facility, which
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Insideradio.com broke the news in on Wednesday, March 5, 2025.
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