{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-091271","form_type":"8-K","ticker":"NXST","cik":"0001142417","company_name":"NEXSTAR MEDIA GROUP, INC.","filed_at":"2025-06-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.643340+00:00","generated_at":"2026-05-18T12:16:24.676946+00:00","sec_items":["1.01","2.03","7.01","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Nexstar completes $3.98B refinancing; extends maturities, reduces SOFR spreads","bullets":["New facilities: $1,905M Term Loan A due 2030, $1,300M Term Loan B due 2032, $750M revolver due 2030, $75M Mission revolver due 2030.","SOFR margin reduced: revolver/TLA at SOFR+1.50% (down 10 bps); TLB at SOFR+2.50% (down 11 bps).","Proceeds used to retire Nexstar's $2,091M TLA due 2027, $1,358M TLB due 2026, and existing revolvers; $144M drawn on new revolver.","Mission drew $62M on new facility to repay all outstanding borrowings under its prior revolver.","Refinancing extends debt maturities, lowers interest costs, and enhances financial flexibility."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-091271","json":"https://secwatch.observer/filing/0000950170-25-091271.json","markdown":"https://secwatch.observer/filing/0000950170-25-091271.md","text":"https://secwatch.observer/filing/0000950170-25-091271.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1142417/000095017025091271/0000950170-25-091271-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1142417/000095017025091271/nxst-20250627.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T12:16:24.676946+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}