SINCLAIR BROADCAST GROUP, LLC Form 8-K: Current report
Filings on SEC EDGAR, newest first; amendments sit with their base form. Values are as filed.
- 2022-11-02: Form 8-K; Period of report 2022-11-02; Description 2.02 Results of Operations and Financial Condition; Details 2.02.
- 2022-08-03: Form 8-K; Period of report 2022-08-03; Description 2.02 Results of Operations and Financial Condition; Details 2.02.
- 2022-06-09: Form 8-K; Period of report 2022-06-09; Description 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 5.07 Submission of Matters to a Vote of Security Holders; Details 5.02.
- 2022-05-04: Form 8-K; Period of report 2022-05-01; Description 2.01 Completion of Acquisition or Disposition of Assets; Details 2.01.
| Filed | Form | Period of report | Description | Details | Document |
|---|---|---|---|---|---|
| 2022-11-02 | 8-K | 2022-11-02 | 2.02 Results of Operations and Financial Condition | 2.02 On November 2, 2022, Sinclair Broadcast Group, Inc. (the "Company") announced via press release the Company’s financial results for the third quarter ended September 30, 2022. | sbgi-20221102.htm |
| 2022-08-03 | 8-K | 2022-08-03 | 2.02 Results of Operations and Financial Condition | 2.02 On August 3, 2022, Sinclair Broadcast Group, Inc. (the "Company") announced via press release the Company’s financial results for the second quarter ended June 30, 2022. | sbgi-20220803.htm |
| 2022-06-09 | 8-K | 2022-06-09 | 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 5.07 Submission of Matters to a Vote of Security Holders | 5.02 On June 9, 2022, in connection with the annual meeting of shareholders, Directors Lawrence E. McCanna and Martin R. Leader, who did not stand for re-election, completed their terms and retired from the Sinclair Broadcast Group, Inc. (the “Company”) Board of Directors effective June 9, 2022. 5.07 The annual meeting of shareholders of the Company was held on June 9, 2022. | sbgi-20220609.htm |
| 2022-05-04 | 8-K | 2022-05-01 | 2.01 Completion of Acquisition or Disposition of Assets | 2.01 On March 1, 2022, Diamond Sports Group, LLC (“DSG”) and Diamond Sports Finance Company (the “Co-Issuer,” and together with DSG, the “Issuers”), indirect wholly-owned subsidiaries of Sinclair Broadcast Group, Inc. (the “Company”), consummated certain financing transactions (the “Transaction”). | sbgi-20220501.htm |
| 2022-05-04 | 8-K | 2022-05-04 | 2.02 Results of Operations and Financial Condition | 2.02 On May 4, 2022, Sinclair Broadcast Group, Inc. (the "Company") announced via press release the Company’s financial results for the first quarter ended March 31, 2022. | sbgi-20220504.htm |
| 2022-04-21 | 8-K | 2022-04-21 | 8.01 Other Events | 8.01 On March 1, 2022, Diamond Sports Group, LLC (“DSG”) and Diamond Sports Finance Company (the “Co-Issuer,” and together with DSG, the “Issuers”), indirect wholly-owned subsidiaries of Sinclair Broadcast Group, Inc. (the “Company”), consummated certain financing transactions (the “Transaction”). | d299256d8k.htm |
| 2022-04-21 | 8-K | 2022-04-21 | 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant | 1.01 Entry into a Material Definitive Agreement. 2.03 The disclosure required by this Item 2.03 is included in Item 1.01 above and is incorporated herein by reference. | d340290d8k.htm |
| 2022-04-11 | 8-K | 2022-04-11 | 2.02 Results of Operations and Financial Condition | 2.02 On April 11, 2022, Sinclair Broadcast Group, Inc. (the “Company”) announced via press release the Company’s preliminary Media Revenue results for its Broadcast segment and for Other/Corporate/Eliminations for the three months ended March 31, 2022. | sbgi-20220411.htm |
| 2022-03-02 | 8-K/A | 2022-03-01 | 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant | 1.01 The information set forth in Item 2.03 below is incorporated herein by reference. 2.03 •DSG First Lien Term Loan: $635 million of a newly funded first-priority lien term loan (the “DSG First Lien Term Loan”) pursuant to a new first-priority lien credit agreement dated as of March 1, 2022 by and among Diamond Sports Intermediate Holdings, LLC, the direct parent of DSG (“DSIH”), DSG, Wilmington Savings Fund Society, FSB (“WSFS”), as administrative agent and collateral agent, and the lenders party thereto (the “DSG First Lien Credit Agreement”), ranking first in lien priority on shared collateral ahead of (i) new second lien credit facilities issued in exchange for existing loans and/or commitments under DSG’s existing credit agreement dated as of August 23, 2019, by and among DSIH, DSG, JP Morgan Chase Bank, N.A. (“JPMCB”), as administrative agent and collateral agent, and the lenders party thereto (as amended or otherwise modified to date, the “Existing DSG Credit Agreement”), which new credit facilities rank second in lien priority on shared collateral, (ii) the Issuer’s 5.375% Senior Secured Second Lien Notes due 2026 (the “DSG 5.375% Secured Second Lien Notes”) issued pursuant to an indenture dated as of March 1, 2022 by and among the Issuers, the guarantors named therein, and U.S. Bank Trust Company, National Association (“US Bank”), as trustee and notes collateral agent (the “DSG 5.375% Secured Second Lien Notes Indenture”), in exchange for the Issuer’s existing 5.375% Senior Secured Notes due 2026 (the “DSG 5.375% Secured Notes”) tendered by the early tender time in an exchange offer and consent solicitation (the “Exchange Offer”), each of which new secured notes rank second in lien priority on shared collateral and (iii) loans and/or commitments under the Existing DSG Credit Agreement, as amended by the Second Amendment dated as March 1, 2022 by and among DSIH, DSG, WSFS, as successor administrative agent and collateral agent, and the lenders party thereto (as amended by the Second Amendment, the “DSG Third Lien Credit Agreement”) and the DSG 5.375% Secured Notes in each case that did not participate in or consent to the Transaction, each of which non-participating loans and/or commitments and non-participating secured notes rank third in lien priority on shared collateral. | sbgi-20220301.htm |
| 2022-03-01 | 8-K | 2022-03-01 | 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant | 1.01 The information set forth in Item 1.01 above is incorporated herein by reference. 2.03 •DSG First Lien Term Loan: $635 million of a newly funded first-priority lien term loan (the “DSG First Lien Term Loan”) pursuant to a new first-priority lien credit agreement dated as of March 1, 2022 by and among Diamond Sports Intermediate Holdings, LLC, the direct parent of DSG (“DSIH”), DSG, Wilmington Savings Fund Society, FSB (“WSFS”), as administrative agent and collateral agent and the lenders party thereto (the “DSG First Lien Credit Agreement”), ranking first in lien priority on shared collateral ahead of (i) new second lien credit facilities issued in exchange for existing loans and/or commitments under DSG’s existing credit agreement dated as of August 23, 2019, by and among DSIH, DSG, JP Morgan Chase Bank, N.A. (“JPMCB”), as administrative agent and collateral agent, and the lenders party thereto (as amended or otherwise modified to date, the “Existing DSG Credit Agreement”), which new credit facilities rank second in lien priority on shared collateral, (ii) the Issuer’s 5.375% Second Lien Secured Notes due 2026 (the “DSG 5.375% Second Lien Secured Notes”) issued pursuant to an indenture dated as of March 1, 2022 by and among the Issuers, the guarantors named therein, and U.S. Bank Trust Company, National Association (“US Bank”), as trustee and notes collateral agent (the “DSG 5.375% Secured Second Lien Notes Indenture”), in exchange for the Issuer’s existing 5.375% Secured Notes due 2026 (the “DSG 5.375% Secured Notes”) tendered by the early tender time in an exchange offer and consent solicitation (the “Exchange Offer”), each of which new secured notes rank second in lien priority on shared collateral and (iii) loans and/or commitments under the Existing DSG Credit Agreement, as amended by the Second Amendment dated as March 1, 2022 by and among DSIH, DSG, WSFS, as successor administrative agent and collateral agent and the lenders party thereto (as amended by the Second Amendment, the “DSG Third Lien Credit Agreement”) and the DSG 5.375% Secured Notes in each case that did not participate in or consent to the Transaction, each of which non-participating loans and/or commitments and non-participating secured notes rank third in lien priority on shared collateral. | sbgi-20220301.htm |
| 2022-02-23 | 8-K | 2022-02-23 | 2.02 Results of Operations and Financial Condition | 2.02 On February 23, 2022, Sinclair Broadcast Group, Inc. (the "Company") announced via press release the Company’s financial results for the fourth quarter ended December 31, 2021. | sbgi-20220223.htm |
| 2022-02-15 | 8-K | 2022-02-14 | 7.01 Regulation FD Disclosure | 7.01 In connection with the launch of a private exchange offer (the “Exchange Offer”) of Diamond Sports Group, LLC (“DSG”) and Diamond Sports Finance Company (the “Co-Issuer,” and together with DSG, the “Issuers”), indirect subsidiaries of Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”), announced by the Company on February 15, 2022, the Company is furnishing under this Item 7.01 the information included in Exhibits 99.1 through 99.5, which include certain financial information regarding Diamond Sports Intermediate Holdings, LLC and its consolidated subsidiaries as well as excerpts from the Confidential Offering Memorandum, Offer to Exchange and Consent Solicitation Statement, dated February 14, 2022 related to the Exchange Offer (the “Offering Memorandum”). | sbgi-20220214.htm |
| 2022-02-15 | 8-K | 2022-02-14 | 8.01 Other Events | 8.01 On February 15, 2022, Sinclair Broadcast Group, Inc. (“Sinclair”), issued a press release announcing that Diamond Sports Group, LLC (“DSG”) and Diamond Sports Finance Company (the “Co-Issuer,” and together with DSG, the “Issuers”), indirect subsidiaries of Sinclair, have commenced a private exchange offer (the “Exchange Offer”) to certain eligible holders to exchange any and all of the Issuers’ outstanding 5.375% Senior Secured Notes due 2026 (the “Existing 5.375% Secured Notes”), for newly issued 5.375% Senior Secured Second Lien Notes due 2026 (the “Exchange Second Lien Secured Notes) on the terms and subject to the conditions set forth in the Confidential Offering Memorandum, Offer to Exchange and Consent Solicitation Statement, dated February 14, 2022. | sbgi-20220214.htm |
| 2022-02-10 | 8-K | 2022-02-10 | 7.01 Regulation FD Disclosure | 7.01 In connection with the previously announced transaction support agreement (the “TSA”) between Diamond Sports Group, LLC (“DSG”), Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”), and certain holders of indebtedness of DSG, the Requisite Consenting Creditors have provided DSG with consent to an extension of the deadline for the commencement of the solicitation of the applicable consents with respect to the exchange of (i) the Term Loans under the Existing Credit Agreement for new loans under the Second Lien Credit Agreement and (ii) the 5.375% Secured Notes and the 12.75% Secured Notes into the Second Lien Indenture from February 8, 2022 to February 11, 2022 as the parties to the TSA continue to finalize documentation relating to the Transaction. | sbgi-20220210.htm |
| 2022-02-07 | 8-K | 2022-02-07 | 7.01 Regulation FD Disclosure | 7.01 In connection with the previously announced transaction support agreement (the “TSA”) between Diamond Sports Group, LLC (“DSG”), Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”), and certain holders of indebtedness of DSG, the Requisite Consenting Creditors have provided DSG with consent to an extension of the deadline for the commencement of the solicitation of the applicable consents with respect to the exchange of (i) the Term Loans under the Existing Credit Agreement for new loans under the Second Lien Credit Agreement and (ii) the 5.375% Secured Notes and the 12.75% Secured Notes into the Second Lien Indenture from February 4, 2022 to February 8, 2022 as the parties to the TSA continue to finalize documentation relating to the Transaction. | sbgi-20220207.htm |
| 2022-01-31 | 8-K | 2022-01-31 | 7.01 Regulation FD Disclosure | 7.01 In connection with the previously announced transaction support agreement (the “TSA”) between Diamond Sports Group, LLC (“DSG”), Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”), and certain holders of indebtedness of DSG, the Requisite Consenting Creditors have provided DSG with consent to an extension of the deadline for the commencement of the solicitation of the applicable consents with respect to the exchange of the Term Loans under the Existing Credit Agreement for new loans under the Second Lien Credit Agreement from January 28, 2022 to February 4, 2022 as the parties to the TSA continue to finalize documentation relating to the Transaction. | sbgi-20220131.htm |
| 2022-01-13 | 8-K | 2022-01-13 | 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure | 1.01 Entry into a Material Definitive Agreement. 7.01 In connection with the Transaction Discussions, DSG has provided certain financial and other information regarding Holdings and its consolidated subsidiaries to the Lenders and holders of the Existing Secured Notes. | sbgi-20220113.htm |