Salem media group announces voluntary redemption of 6.75% senior notes due 2024

Irving, texas--(business wire)--salem media group, inc. (nasdaq: salm) (the “company”), today announced that it has issued an irrevocable notice of redemption (the “notice”) to the trustee of its outstanding 6.75% senior secured notes due 2024 (the “2024 notes”). the notice calls for the redemption in full of the remaining $36.5 million in outstanding aggregate principal amount of 2024 notes.
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