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Monday, December 08, 2008

Tribune's list of creditors could use the money too--Editor & Publisher

(E&P): "Tribune’s bank creditors reads like a list of firms that could surely use the money they’re owed in this credit crunch. Tribune’s biggest single creditor is
  • Angelo Gordon & Co. LP is the third-biggest creditor, holding notes for $324.5 million.
Among the creditors are the industry’s biggest newsprint suppliers, including SP Newsprint ($5.15 million); Abitibi Consolidated ($4.19 million); and Bowater ($2.7 million). the rival of Tribune’s flagship Chicago Tribune -- has the publisher on the hook for
  • $203.9 million."...

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