| 8/5/2014 | BKHY | S&P: Salem Communications to positive
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| 3/14/2013 | BK | Market Commentary: Duff & Phelps, Armstrong, EMI, SymphonyIRI, Eze free up; McGraw, Protection One, Sun revised
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| 3/12/2013 | BK | Market Commentary: Hostess, Monarch break; Travelport up with refi plan; Duff & Phelps, Salem, EMI tweak deals
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| 3/12/2013 | BK | Salem Communications firms term B at Libor plus 350 bps, cuts OID
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| 3/4/2013 | BKHY | S&P gives B to Salem loan
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| 3/4/2013 | BKHY | Moody's gives Salem loans Ba2, B2
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| 3/1/2013 | BK | Salem Communications talks term loan B at Libor plus 325-350 bps
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| 2/26/2013 | BK | Market Commentary: Albertson's, Westway Group, Phoenix hit the secondary; RCN Cable, World Kitchen update deals
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| 2/26/2013 | BK | Salem Communications to launch $325 million facility on Thursday
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| 2/25/2013 | BK | Salem Communications plans $325 million senior credit facility
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| 2/25/2013 | BK | Salem Communications seeks $25 million revolver, $300 million term loan
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| 3/23/2012 | BK | S&P: Salem positive
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| 11/21/2011 | BK | Salem refinances $40 million revolver, gets $9 million commitments
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| 11/4/2010 | BK | Salem Communications ups loan to $40 million, adds Wells to syndicate
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| 12/1/2009 | BKHY | Moody's upgrades Salem Communications
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| 11/25/2009 | BKHY | S&P boosts Salem Communications
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| 11/16/2009 | BK | Salem Communications to repay bank debt with new loan and notes
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| 11/16/2009 | BKDD | S&P: Salem on developing watch, gives notes B
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| 11/16/2009 | BKDDHY | Moody's may lift Salem
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| 10/19/2009 | BKHY | S&P affirms Salem Communications
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| 6/16/2009 | BKDDHY | S&P: Salem on watch
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| 5/11/2009 | BKDDHY | Salem Communications needs to refinance 2010 maturities or face default
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| 4/2/2009 | BKHY | Moody's downgrades Salem
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| 3/24/2009 | BKHY | S&P lowers Salem
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| 3/12/2009 | BK | Salem amends loan, eliminating revolver, extending timeframe to get new term loan D
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| 11/18/2008 | BKHY | S&P lowers Salem Communications
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| 11/13/2008 | BKHY | Moody's lowers Salem Communications
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| 10/15/2008 | BKCVHY | Moody's reviews CMP, Emmis, Salem
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| 9/18/2008 | BKHY | S&P: Salem Communications on watch
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| 6/13/2008 | BKHY | S&P: Salem Communications outlook negative
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| 6/3/2008 | BKHY | Moody's cuts Salem Communications notes to B3
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| 3/4/2008 | BKHY | Salem Communications ends 2007 with bank leverage ratio of 6.0, debt of $353.8 million
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| 11/7/2007 | BKHY | Salem Communications negotiating divestiture of underperforming stations
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| 10/30/2007 | BK | Salem amends loan, modifying financial covenants
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| 9/21/2007 | BKHY | Moody's cuts Salem view to negative
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| 9/25/2006 | BK | Moody's introduces new ratings
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| 6/13/2006 | BK | Salem amends loan, increasing total size to $315 million
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| 7/13/2005 | BK | Salem Communications amends loan, adding new term C, reducing rates
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| 12/14/2004 | BKHY | Moody's ups Salem Communications notes to B2
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| 9/14/2004 | BKHY | S&P: Salem Communications stable
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| 9/29/2003 | BK | Salem Communications obtains $150 million credit facility
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| 9/25/2003 | BKHY | S&P keeps Smithfield on watch
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| 7/21/2003 | BKHY | Moody's upgrades Dean Foods
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| 12/17/2002 | BK | S&P cuts Dobson, on watch
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