---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-210548"
form_type: "8-K"
ticker: "LAMR"
cik: "0001090425"
company_name: "LAMAR ADVERTISING CO/NEW"
filed_at: "2022-08-03T23:59:59+00:00"
generated_at: "2026-06-24T04:50:08.315057+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lamar Media borrows $350M Term A Loans, repays revolver and AR facility

## Summary
- $350M Term A Loans established under Amendment No.2 to Credit Agreement dated Feb 2020.
- Proceeds used to repay all outstanding revolving credit facility and a portion of AR securitization.
- Term A Loans bear interest at Term SOFR + 1.25% or Base Rate + 0.25%; mature Feb 6, 2025.
- All $350M borrowed on July 29, 2022, the amendment effective date.
- Subsidiary guarantors reaffirmed guarantees and collateral under Credit Agreement.

## SEC filing metadata
- accession: 0001193125-22-210548
- form_type: 8-K
- ticker: LAMR
- cik: 0001090425
- company_name: LAMAR ADVERTISING CO/NEW
- filed_at: 2022-08-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090425/000119312522210548/0001193125-22-210548-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899045/000119312522210548/d380331d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-210548
- JSON: https://secwatch.observer/filing/0001193125-22-210548.json
- Plain text: https://secwatch.observer/filing/0001193125-22-210548.txt

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