today it assigned a 'BB-' issue-level rating to the proposed $50
million incremental senior secured term loan of Nexstar
Broadcasting Inc. (two notches above the 'B' corporate credit
rating of the parent, Irving, Texas-based Nexstar Broadcasting
Group Inc.). The recovery rating on the debt is '1', indicating
our expectation of very high (90% to 100%) recovery for lenders
in the event of a payment default. Nexstar plans to use the net
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