McClatchy Amends Debt Tender Offer And Consent Solicitation
The McClatchy Company (NYSE-MNI) (“McClatchy” or the “Company”) announced today that it has amended and restated its previously announced offer to purchase for cash (“Offer”) its outstanding 11.50% senior secured notes due 2017 (the “Notes”) and solicitation of consents (the “Consent Solicitation”) relating to its outstanding Notes to increase the amount the Company is offering to purchase in the Offer from up to $700 million aggregate principal amount of Notes to any and all outstanding Notes, and to amend the Consent Solicitation.