Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Lamar Advertising Co    LAMR

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Lamar Advertising Company : Announces Issuance of $500 Million of 5 7/8% Senior Subordinated Notes due 2022

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/10/2012 | 12:34pm CEST

5321 Corporate Boulevard
Baton Rouge, LA 70808

Lamar Advertising Company Announces

Issuance of $500 Million of 5 7/8% Senior Subordinated Notes due 2022

Baton Rouge, LA - February 9, 2012 - Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, announced today that its wholly owned subsidiary, Lamar Media Corp., has closed its private placement of $500 million in aggregate principal amount of its 5 7/8% Senior Subordinated Notes due 2022. The proceeds of this offering to Lamar Media, after the payment of fees and expenses, were approximately $489 million.

The notes have not been and will not be registered under the Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

******

This press release is for informational purposes only and is not an offer to buy, or the solicitation of an offer to sell, securities.

Contact:

Lamar Media Corp.
Keith Istre
Chief Financial Officer
(225) 926-1000
KI@lamar.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on LAMAR ADVERTISING CO
04/29 LAMAR ADVERTISING : Massive 14-foot baseball player stolen from billboard
04/28 LAMAR ADVERTISING COMPANY : Honored with the Ad Council's Crystal Bell Award
04/11 Lamar Advertising Company to Release First Quarter Ended March 31, 2016 Opera..
04/07 LAMAR ADVERTISING : Posterscope USA, Lamar Advertising Debut Vehicle Recognition..
04/04 LAMAR ADVERTISING : Technology Fuels Renaissance in Out-of-Home Advertising
03/14 LAMAR ADVERTISING CO : ex-dividend day
03/11 LAMAR ADVERTISING : BRIEF: State representative candidate sued, pays old bill
03/08 LAMAR ADVERTISING C : NEW : Other Events, Financial Statements and Exhibits (for..
03/04 LAMAR ADVERTISING : City advertises anomymous police tip line
02/26 LAMAR ADVERTISING : Announces Cash Dividend on Common Stock
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials