The McClatchy Company today completed an offering of secured notes via bookrunners J.P. Morgan, Bank of America, and Credit Suisse, according to sources. Demand for the deal allowed for a $160 million upsizing, while terms printed at the tight end of guidance. The fallen angel newspapers concern returned to market after nearly a three-year hiatus in an effort to pay down its highest-coupon debt obligations. Proceeds back a tender offer for up to $700 million of the $846 million outstanding of 11.5% secured notes due 2017. Under the terms of the tender, bondholders are offered 110.34 per note, a small premium to the upcoming first call price, at 108.625 in February. McClatchy is the third-largest newspaper publisher in the U.S. in circulation, with 30 daily newspapers and 50 non-dailies. Terms: