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Assumption

Sinclair Announces Assumption of Lender Obligations Under, and Amendments to, Diamond Sports Accounts Receivable Securitization Facility

Sinclair Announces Assumption of Lender Obligations Under, and Amendments to, Diamond Sports Accounts Receivable Securitization Facility

BALTIMORE, November 08, 2021–(BUSINESS WIRE)–Sinclair Broadcast Group, Inc. (NASDAQ: SBGI), (the “Company”) today announced that it has purchased and assumed the lenders’ and the administrative agent’s rights and obligations under the existing accounts receivable securitization facility (the “A/R Facility”) of its and Diamond Sports Group, LLC’s (“DSG”) indirect subsidiary, Diamond Sports Finance SPV, LLC (“Diamond…

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