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BRIEF-Mcclatchy announces $40 million debt tender offer at par for 2022 notes
September 20, 2017 / 2:26 PM / 3 months ago

BRIEF-Mcclatchy announces $40 million debt tender offer at par for 2022 notes

Sept 20 (Reuters) - Mcclatchy

* Mcclatchy announces $40 million debt tender offer at par for 2022 notes

* Mcclatchy -expects to reinvest $4.8 million of after-tax proceeds into business,offering remaining $40 million to holders of 9.0% senior secured notes due 2022​

* Mcclatchy - ‍to extent 9.0% notes are not repurchased, co may use proceeds to continue digital transformation, selectively repurchase outstanding notes Source text for Eikon: Further company coverage: [ MNI.N]

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