Sinclair Oil Corporation

WEX Expands Long-Standing Partnership with Sinclair Oil

Retrieved on: 
Thursday, February 20, 2020

WEX (NYSE:WEX), a leading financial technology service provider, and Sinclair Oil, a Wyoming-based refinery operator that markets fuel in 24 states, today announced they have expanded their 15-year partnership.

Key Points: 
  • WEX (NYSE:WEX), a leading financial technology service provider, and Sinclair Oil, a Wyoming-based refinery operator that markets fuel in 24 states, today announced they have expanded their 15-year partnership.
  • WEX currently supports the Sinclair Fleet Track Card, which offers fleet managers automatic accounting, reports and powerful tools for saving.
  • Said Jack Barger, vice president of marketing at Sinclair, Sinclair has enjoyed a long and successful relationship with WEX.
  • Sinclair Oil and Gas Company manages its exploration and production portfolios by only participating in major oil and gas development projects in the United States.

Sinclair Closes Private Offering of Senior Notes

Retrieved on: 
Wednesday, November 27, 2019

BALTIMORE, Nov. 27, 2019 /PRNewswire/ --Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the "Issuer"), has closed its previously announced private offering of $500 million aggregate principal amount of Senior Notes due 2030 (the "2030 Notes").

Key Points: 
  • BALTIMORE, Nov. 27, 2019 /PRNewswire/ --Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the "Issuer"), has closed its previously announced private offering of $500 million aggregate principal amount of Senior Notes due 2030 (the "2030 Notes").
  • The 2030 Notes will mature on March 1, 2030.
  • The net proceeds from the private placement of the 2030 Notes, along with cash on hand, are being used to redeem the Issuer's $500.0 million of 6.125% Senior Notes due 2022 (the "2022 Notes") at par plus a make-whole call premium of approximately $5.1 million.
  • Sinclair is a diversified media company and leading provider of local sports and news.

Sinclair Prices Private Offering of Senior Notes

Retrieved on: 
Tuesday, November 19, 2019

BALTIMORE, Nov. 19, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the "Issuer"), has priced its previously announced private offering of $500 million aggregate principal amount of Senior Notes due 2030 (the "2030 Notes").

Key Points: 
  • BALTIMORE, Nov. 19, 2019 /PRNewswire/ -- Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the "Issuer"), has priced its previously announced private offering of $500 million aggregate principal amount of Senior Notes due 2030 (the "2030 Notes").
  • The 2030 Notes will mature on March 1, 2030.
  • The private placement of the 2030 Notes is conditioned on customary closing conditions and is expected to close on November 27, 2019.
  • The net proceeds from the private placement of the 2030 Notes, along with cash on hand, will be used to redeem the Issuer's $500.0 million of 6.125% Senior Notes due 2022 at par plus a make-whole call premium of approximately $5.1 million.

Sinclair Announces Private Offering of Senior Notes of Sinclair Television Group

Retrieved on: 
Tuesday, November 19, 2019

BALTIMORE, Nov. 19, 2019 /PRNewswire/ --Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("Issuer") intends to offer in a private placement, subject to market conditions and other factors, $500 million aggregate principal amount of Senior Notes due 2030 (the "2030 Notes").

Key Points: 
  • BALTIMORE, Nov. 19, 2019 /PRNewswire/ --Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("Issuer") intends to offer in a private placement, subject to market conditions and other factors, $500 million aggregate principal amount of Senior Notes due 2030 (the "2030 Notes").
  • The net proceeds from the private placement of the 2030 Notes are intended to be used to fund the Issuer's redemption of its 6.125% Senior Notes due 2022 (the "2022 Notes").
  • The redemption of the 2022 Notes is contingent upon the Issuer's successful incurrence of new debt financing in the amount of at least $500 million, which is expected to be satisfied upon closing of the offering of the 2030 Notes.
  • The redemption will be effected in accordance with the terms of the indenture governing the 2022 Notes.

Communities Invited to Celebrate With the Sinclair Oil DINO

Retrieved on: 
Friday, November 8, 2019

Fans are encouraged to look for DINO on his journey and are invited to join the festivities throughout the tour.

Key Points: 
  • Fans are encouraged to look for DINO on his journey and are invited to join the festivities throughout the tour.
  • Sinclair Oils DINO first appeared in the 1963 Macys Thanksgiving Day Parade and remained a fan favorite every year until 1976.
  • In 2018, Sinclair introduced a trio of brand-new Baby DINOs who will accompany DINO again this year.
  • The Sinclair Oil sweepstakes is not endorsed by, run or affiliated with Macys Corporate Services, Inc. or Macys Branded Entertainment.

P97 Networks and Partner Fiscal Systems Adopt Conexxus 2.0 Standards

Retrieved on: 
Thursday, September 26, 2019

Fiscal Systems, a premier point of sale and payments partner for P97 Networks, has adopted and certified to the Conexxus 2.0 standard.

Key Points: 
  • Fiscal Systems, a premier point of sale and payments partner for P97 Networks, has adopted and certified to the Conexxus 2.0 standard.
  • Fiscal Systems and P97 have been collaborating since 2016, with Fiscal Systems gaining tremendous traction within their market while the P97 Networks mobile commerce platform has advanced in the retail fuels market.
  • Fiscal Systems, founded in 1983, is one of the leaders in integrated point of sale, payment, loyalty and back office solutions.
  • Fiscal Systems partnership with P97 Networks, the leader in cloud-based mobile commerce, has allowed both companies to stay ahead of the curve in their respective markets.

Sinclair promotes Mark Aitken and Scott Shapiro

Retrieved on: 
Wednesday, August 28, 2019

In addition, Scott Shapiro has been promoted from Vice President to Senior Vice President of Corporate Development, responsible for driving forward Sinclair's vision through acquisitions and external investments.

Key Points: 
  • In addition, Scott Shapiro has been promoted from Vice President to Senior Vice President of Corporate Development, responsible for driving forward Sinclair's vision through acquisitions and external investments.
  • Mr. Ripley continued, "This is an exciting time for Sinclair as we push forward our vision of 'connecting people with content everywhere.'
  • Mr. Aitken joined Sinclair Broadcast Group in April of 1999.
  • Prior to joining Sinclair, Mr. Aitken had already accrued 25 years of industry experience as both a consultant and engineer.

Sinclair Names Cathy Jamison Vice President Of Sales Marketing

Retrieved on: 
Monday, August 19, 2019

BALTIMORE, Aug. 19, 2019 /PRNewswire/ --Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) is pleased to announce that Cathy Jamison has been named Vice President of Sales Marketing of Sinclair's television group.

Key Points: 
  • BALTIMORE, Aug. 19, 2019 /PRNewswire/ --Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) is pleased to announce that Cathy Jamison has been named Vice President of Sales Marketing of Sinclair's television group.
  • Ms. Jamison will report to Chief Revenue Officer, Rob Weisbord, and will be leading the comprehensive marketing strategy and cross-platform brand building for our sales teams to further drive Sinclair's market-leading position.
  • Cathy Jamison is a seasoned marketing and media veteran who has entertainment, brand, and agency experience.
  • "We are thrilled to welcome Cathy to Sinclair and look forward to incorporating her leadership, creativity, and sales brand awareness strategies," Mr. Weisbord said.

Sinclair Reports Preliminary Second Quarter 2019 Media Revenue

Retrieved on: 
Thursday, July 11, 2019

BALTIMORE, July 11, 2019 /PRNewswire/ --Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today released preliminary Media Revenues for the three months ended June 30, 2019 of approximately $721 million, which is in line with the Company's previously released outlook of $716 million to $725 million.

Key Points: 
  • BALTIMORE, July 11, 2019 /PRNewswire/ --Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today released preliminary Media Revenues for the three months ended June 30, 2019 of approximately $721 million, which is in line with the Company's previously released outlook of $716 million to $725 million.
  • The preliminary Media Revenue results described in this press release are estimates only and are subject to revision until the Company completes its close processes.
  • The Company will report its complete second quarter 2019 earnings results at 7:30 a.m.
  • ET on Wednesday, August 7, 2019, followed by a conference call to discuss the results at 9:00 a.m.

Sinclair Broadcast Group And The Salvation Army Partner To Support Communities Affected By Devastating Tornadoes And Floods

Retrieved on: 
Friday, May 31, 2019

Sinclair will match up to $25,000 of donations received.

Key Points: 
  • Sinclair will match up to $25,000 of donations received.
  • In the past two weeks, Sinclair stations across 12 affected markets have provided more than 140 hours of extended local coverage throughout this unprecedented stretch of severe weather.
  • "I'm tremendously proud of Sinclair's local news teams for providing tireless coverage of these storms, even as the threats persist.
  • Sinclair is a leading local news provider in the country and is dedicated to impactful journalism with a local focus.