Bank of America Offers $2.75 Billion Loan for Tegna Acquisition
Banks led by Bank of America Corp. have launched a $2.75 billion leveraged loan to help fund Nexstar Media Group Inc.’s pending acquisition of rival TV-station owner Tegna Inc.
By Jeannine Amodeo, Kevin Kingsbury · Bloomberg Markets
Banks led by Bank of America Corp. have launched a $2.75 billion leveraged loan to help fund Nexstar Media Group Inc.’s pending acquisition of rival TV-station owner Tegna Inc.