Sinclair Broadcast Group, through its wholly-owned subsidiary, Sinclair Television Group, entered into the fourth amendment to its seventh amended and restated credit agreement, dated as of Aug. 23, 2019, as amended with JPMorgan Chase Bank as administrative agent, the guarantors party thereto and the lenders and other parties thereto, to, among other things, provide for the incurrence of new term loans in an aggregate principal amount of $750 million (the Term B-4 Loans), refinance all outstanding term B-1 loans and extend the maturity of $612.5 million of revolving commitments to April 21, 2027. The proceeds of the Term B-4 Loans are being used to refinance all of the existing term B-1 loans and to redeem STG’s outstanding 5.875% senior notes due 2026. The Term B-4 Loans will mature on April 21, 2029 and will bear interest, at the option of STG, at Term SOFR plus 3.75% (subject to customary credit spread adjustments) or at base rate plus 2.75%.