Newspaper & Mailroom

Tribune Makes Disclosure of Certain Business and Financial Information

Tuesday 05. November 2013 - As previously announced, on July 1, 2013, Tribune Company ("Tribune") entered into a definitive agreement to acquire Local TV Holdings, LLC ("Local TV") for $2.725 billion in cash (the "Transaction"). In connection with the Transaction, Tribune plans on entering into a new $4.1 billion credit facility (the "New Credit Facility") which will include a $3.8 billion Term Loan Facility and $300 million Revolving Credit Facility.

The proceeds of the New Credit Facility are expected to be used to fund the Transaction, repay existing debt and for general corporate purposes.
Today Tribune posted to the financial information section of its website certain information provided to prospective lenders in connection with the proposed New Credit Facility, including business and financial information with respect to Tribune and Local TV.