April 3, 2018 / 8:16 PM / 3 months ago

BRIEF-Gannett Announces Proposed Offering Of $175 Mln Of Convertible Senior Notes

April 3 (Reuters) - Gannett Co Inc:

* GANNETT ANNOUNCES PROPOSED OFFERING OF $175 MILLION OF CONVERTIBLE SENIOR NOTES DUE 2024

* GANNETT WILL NOT BE ABLE TO REDEEM NOTES PRIOR TO APRIL 15, 2022

* INTENDS TO USE NET PROCEEDS FROM OFFERING TO REPAY BORROWINGS UNDER ITS REVOLVING CREDIT FACILITY Source text for Eikon: Further company coverage:

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