| Mapleton does its re-fi |
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Mapleton does its re-fi
Those Connecticut-based lenders are Webster Bank of Waterbury and Balance Point Capital of Westport. Termis of the refinincing weren't annonced, and of course Mapleton's not public, so there aren't SEC filings to consult. Its majority shareholders is New York City-based Corporate Partners LLC. Mapleton ownes 42 station in Merced, Redding, Chico, Medford, Spokane, Alexandraia (LA) and Monroe, as well as Monterey. Chuck Dreifus and Michael Bergner consulted on the refinincing. |
CEO Jim Shea of Monterey-based group owner Mapleton Communicatins says we're "so pleased to be parting with two very experinced lenders that are active in the radio industry and share the same positive view of radio's future."