EMMIS COMMUNICATIONS ANNOUNCES AMENDMENT TO CREDIT FACILITY AND UPDATED GUIDANCE

Indianapolis – Emmis Communications Corporation (NASDAQ: EMMS) today announced the amendment of the existing $1.29 billion senior secured credit facility of Emmis Operating Company, a wholly-owned subsidiary of Emmis Communications. “Emmis is committed to reducing its leverage and is working on a number of alternatives,” Emmis EVP & CFO Walter Berger said. “Today’s announcement is […]

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