Logo

Tribune Co. to Pay Back $170 Million in Debt

Nov 11, 2009  •  Post A Comment

Tribune Co. will pay back $170 million of its $225 million debtor-in-possession financing it took out to help pay for its Chapter 11 bankruptcy proceeding, the Chicago Tribune reports.

The loans carry a high interest rate. Existing cash will be used to make the payments.

–Elizabeth Jensen

3 Comments

  1. Good post and this enter helped me alot in my college assignement. Say thank you you as your information.

  2. Wonderful to read!

  3. I’ll gear this review to 2 types of people: current Zune owners who are considering an upgrade, and people trying to decide between a Zune and an iPod. (There are other players worth considering out there, like the Sony Walkman X, but I hope this gives you enough info to make an informed decision of the Zune vs players other than the iPod line as well.)

Your Comment

Email (will not be published)