UNITED STATES

 

SECURITIES AND EXCHANGE COMMISSION

 

WASHINGTON, D.C. 20549

  

FORM 8-K

  

CURRENT REPORT

  

PURSUANT TO SECTION 13 OR 15(D) OF THE

  

SECURITIES EXCHANGE ACT OF 1934

  

Date of Report (Date of earliest event reported): December 1, 2009

  

SALEM COMMUNICATIONS CORPORATION

 

 

(Exact Name of Registrant as Specified in its Charter)

 

 

Delaware		000-26497		77-0121400
(State or Other Jurisdiction		(Commission		(IRS Employer
of Incorporation)		File Number)		Identification No.)

 

4880 Santa Rosa Road, Camarillo, California		93012
(Address of Principal Executive Offices)		(Zip Code)

 

Registrant's telephone number, including area code: (805) 987-0400

 

Not Applicable

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[   ]Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[   ]Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[   ]Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[   ]Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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ITEM 8.01     OTHER EVENTS

On December 1, 2009, Salem Communications Corporation (the “Company”) issued a press release announcing it has consummated the early settlement of its previously announced cash tender offer and consent solicitation with respect to the outstanding 7¾% Senior Subordinated Notes due 2010 of Salem Communications Holding Corporation, and has completed its private placement offering of $300 million aggregate principal amount of the Company’s 9.625% Senior Secured Second Lien Notes due 2016.  A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.  

ITEM 9.01     FINANCIAL STATEMENTS AND EXHIBITS

 

(d)     Exhibits. The following exhibit is furnished with this report on Form 8-K:

 

Exhibit No.		Description
99.1		Press release, dated December 1, 2009, of Salem Communications Corporation

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SIGNATURE 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. 

 

 

		SALEM COMMUNICATIONS CORPORATION
Date: December 1, 2009		By: /s/ Evan D. Masyr
		Evan D. Masyr
		Senior Vice President and Chief Financial Officer

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EXHIBIT INDEX

Exhibit No.		Description
99.1		Press release, dated December 1, 2009, of Salem Communications Corporation