debt
confidence high
sentiment neutral
materiality 0.65
Scripps prices $750M 9.875% senior secured notes due 2030, upsized by $100M
E.W. SCRIPPS Co
- Offering upsized to $750M (originally $650M) of 9.875% senior secured second lien notes due 2030.
- Closing expected August 6, 2025, subject to customary conditions.
- Proceeds to redeem outstanding 5.875% notes due 2027, prepay term loan B-2, and repay revolver.
- Notes secured on a second-lien basis by substantially all assets and guaranteed by certain subsidiaries.
item 8.01item 9.01item 99.1