MORRIS GETS DEAL WITH BOND HOLDERS, CUTS 64% OFF $278M Augusta, Ga. publisher gives $100M in 2nd lien debt to end bonds.
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MORRIS GETS DEAL WITH BOND HOLDERS, CUTS 64% OFF $278M Augusta, Ga. publisher gives $100M in 2nd lien debt to end bonds.
In what sounds to be one of the first good news stories in the world of over-leveraged newspapers, Morris Publishing Group LLC of Augusta, Ga., said on Friday that it had struck a deal with a majority of its senior debt holde...
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