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EZ COMMUNICATIONS ANNOUNCES INCREASE IN TENDER OFFER PRICE FOR SENIOR SUBORDINATED NOTES DUE 1996

 EZ COMMUNICATIONS ANNOUNCES INCREASE IN TENDER OFFER PRICE
 FOR SENIOR SUBORDINATED NOTES DUE 1996
 FAIRFAX, Va., June 17 /PRNewswire/ -- EZ Communications, Inc. announced today that it had increased the tender offer price for all of its 12.70 percent senior subordinated notes due 1996 from $950 to $972.50 per $1,000 principal amount of the notes and extended the expiration date of the tender offer from 5:00 p.m., New York City time, June 24, 1992, to 5:00 p.m., New York City time, July 1, 1992.
 In addition, the company advised holders of the senior subordinated notes that the commitment letter for the Chase Bank Facility, which would be used to fund the tender offer, expires on Aug. 15, 1992.
 As of June 16, 1992, none of the notes had been tendered pursuant to the offer.
 EZ Communications operates a group of radio stations.
 -0- 6/17/92
 /CONTACT: Ron Peele of EZ Communications, 703-591-1000/ CO: EZ Communications Inc. ST: Virginia IN: ENT SU:


SM -- NY019 -- 0966 06/17/92 09:41 EDT
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Publication:PR Newswire
Date:Jun 17, 1992
Words:177
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