Scripps sells $200 million of 10-year notes

Thu, June 27, 2002 by Tim Stautberg

CINCINNATI – The E.W. Scripps Company today completed the public offering of $200 million of 5.75% Notes due 2012. The company intends to use the net proceeds of the offering to repay in full its $100 million 6.375% Notes due 2002 and to repay a portion of its outstanding commercial paper obligations.The E.W. Scripps Company is a diverse media concern with interests in newspaper publishing, broadcast television, national television networks and interactive media. Scripps operates 21 daily newspapers, 10 broadcast TV stations and four cable television networks.Scripps national television network brands include Home & Garden Television, Food Network, DIY -- Do It Yourself Network and Fine Living. Scripps Networks programming can be seen in 25 countries.The company also operates Scripps Howard News Service, United Media, the worldwide licensing and syndication home of PEANUTS and DILBERT, and 31 Web sites, including hgtv.com, foodtv.com, diynet.com, fineliving.com and comics.com.

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