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BRIEF-Lee Enterprises reports repayment of $60 mln of debt

Wednesday, 10 Oct 2012 | 9:14 AM ET

Oct 10 (Reuters) - Lee Enterprises Inc :

* Lee Enterprises is a year ahead of schedule in reducing debt

* Says repaid more than $60 million of debt in its fiscal year ended September

30, 2012

* Says for fiscal 2013, Lee expects cash costs to decrease another 3% to 4%

* Says agreements extend the maturity of lee's borrowings to December 2015 and

April 2017

* Says expects to continue significantly reducing its leverage over the next

few years * Source text * Further company coverage

((Bangalore Newsroom; +1 646 223 8780))

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