Belo Proposes Offering of $250 million in Sr. Notes

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By: E&P Staff Belo announced today its offering of $250 million aggregate principal amount of unsubordinated and unsecured senior notes due 2013. The company plans to use the net proceeds from the offering for general corporate purposes, including reducing the outstanding balance under the company?s senior credit facility. It is scheduled to close on Friday May 26.

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