Gray Announces Completion of Amendment to its Senior Credit Facility
April 01 2009 - 6:55PM
PR Newswire (US)
ATLANTA, April 1 /PRNewswire-FirstCall/ -- Gray Television, Inc.
("Gray," "we" or "us") (NYSE:GTN) today announced that on March 31,
2009 we completed an amendment to our senior credit facility. The
amendment was filed as Exhibit 10.10 to our Annual Report on Form
10-K for the year ended December 31, 2008, which was filed with the
SEC on March 31, 2009 and is available at the SEC's website at
http://www.sec.gov/. Gray Television, Inc. Gray Television, Inc. is
a television broadcast company headquartered in Atlanta, GA. We
currently operate 36 television stations serving 30 markets. Each
of the stations are affiliated with either CBS (17 stations), NBC
(10 stations), ABC (8 stations) or FOX (1 station). In addition, we
currently operate 38 digital second channels including 1 ABC, 4
Fox, 7 CW, 16 MyNetworkTV, 1 Universal Sports Network, plus 8 local
news/weather channels and 1 "independent" channel in certain of our
existing markets. For more information, visit http://www.gray.tv/.
Cautionary Statements for Purposes of the "Safe Harbor" Provisions
of the Private Securities Litigation Reform Act All information set
forth in this release is as of April 1, 2009. We do not intend, and
undertake no duty, to update this information to reflect future
events or circumstances. Information about potential factors that
could affect our business and financial results and cause actual
results to differ materially are included under the captions, "Risk
Factors" and "Management's Discussion and Analysis of Financial
Condition and Results of Operations," in our Annual Report on Form
10-K for the year ended December 31, 2008, which was filed with the
SEC and is available at the SEC's website at http://www.sec.gov/.
DATASOURCE: Gray Television, Inc. CONTACT: Bob Prather, President
and Chief Operating Officer, +1-404-266-8333, or Jim Ryan, Senior
V.P. and Chief Financial Officer, +1-404-504-9828 Web Site:
http://www.gray.tv/
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