Gannett to repurchase $13M of 6% notes at discount; targets $110M debt reduction in 2024

USA TODAY Co., Inc.

Will repurchase ~$13.0M of 2026 Senior Notes for ~$12.0M, a discount to par value.
Transaction expected to close March 28, 2024; lenders waive Q1 2024 amortization payment by repurchase amount.
CEO: debt reduction remains primary capital allocation; expects at least $110M repaid in 2024 via asset sales and FCF.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.