---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-003600"
form_type: "8-K"
ticker: "TEAD"
cik: "0001454938"
company_name: "Teads Holding Co."
filed_at: "2025-02-07T23:59:59+00:00"
generated_at: "2026-05-27T00:53:26.677601+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Outbrain prices $637.5M senior secured notes at 10% due 2030 to refinance Teads bridge facility

## Summary
- Offering increased to $637.5M from $625M at 98.087% issue price, 10.000% coupon.
- Closing expected Feb 11, 2025; proceeds repay bridge facility plus fees.
- Notes guaranteed by Outbrain and subsidiaries, secured by first-priority lien on assets.
- Bridge facility debt used for Teads acquisition will be fully repaid and cancelled.

## SEC filing metadata
- accession: 0001140361-25-003600
- form_type: 8-K
- ticker: TEAD
- cik: 0001454938
- company_name: Teads Holding Co.
- filed_at: 2025-02-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1454938/000114036125003600/0001140361-25-003600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1454938/000114036125003600/ny20037354x7_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-003600
- JSON: https://secwatch.observer/filing/0001140361-25-003600.json
- Plain text: https://secwatch.observer/filing/0001140361-25-003600.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.