LBI Media, Inc. – Spanish Language Broadcaster Files Chapter 11, Executes RSA with HPS Investment Partners Which Will provide $38 million in DIP Financing

November 21, 2018 – Privately-held LBI Media, Inc. and 17 affiliated Debtors (together, “LBI Media” or the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 18-12655. The Company, the largest privately held, minority-owned Spanish-language broadcaster in the United States with TV and radio stations…