Sinclair Broadcast Group, Inc. announced that its wholly-owned subsidiary, Sinclair Television Group, Inc. (“STG”), intends to enter into an amendment to its credit agreement to provide for, among other things, the incurrence of new term loans in order to refinance the outstanding term loan B-1 tranche under its credit agreement (which currently has a maturity date of January 3, 2024) with new term loans which will provide for a maturity date that is seven years after the effectiveness of the Amendment and to redeem its outstanding 5.875% senior notes due 2026 (the “5.875% Notes”). The Amendment will also extend the maturity date of its revolving credit facility to the date that is five years after the effectiveness of the Amendment. This release shall not constitute a notice of redemption of the 5.875% Notes.

A notice of redemption may only be made by a notice of redemption provided by STG or the trustee for the 5.875% Notes to the holders of the 5.875% Notes in accordance with the indenture governing the 5.875% Notes.