TEXT-S&P comments on Entercom Communications
April 4 - Standard & Poor's Ratings Services said today that Entercom's recent announcement that it has agreed to acquire radio station 102.9 KBLX-FM will not affect its 'B+' corporate credit rating and the stable outlook on the company. We expect Entercom will likely draw on its revolving credit facility to partly fund the $25 million acquisition. As a result, we expect the transaction will be roughly neutral to its leverage. KBLX will become the fourth station in Entercom's San Francisco cl
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