---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-201706"
form_type: "8-K"
ticker: "LAMR"
cik: "0001090425"
company_name: "LAMAR ADVERTISING CO/NEW"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:20:45.711719+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Lamar Media extends $750M revolver maturity to July 2028, adds $75M swingline

## Summary
- Extension of $750M revolving credit facility maturity to July 31, 2028; springing maturity if insufficient liquidity for Term B Loan or 2028 notes.
- New $75M swingline sublimit for same-day borrowings.
- Amendment also allows for incremental revolving facilities on certain terms.
- Term B Loan matures Feb 2027, 2028 Senior Notes mature Feb 2028; springing condition triggers 91 days prior.
- Other terms unchanged (interest rates, unused fees, guarantees, covenants, events of default).

## SEC filing metadata
- accession: 0001193125-23-201706
- form_type: 8-K
- ticker: LAMR
- cik: 0001090425
- company_name: LAMAR ADVERTISING CO/NEW
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090425/000119312523201706/0001193125-23-201706-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899045/000119312523201706/d520407d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-201706
- JSON: https://secwatch.observer/filing/0001193125-23-201706.json
- Plain text: https://secwatch.observer/filing/0001193125-23-201706.txt

## Key facts
- Debt Financings
  LAMAR ADVERTISING CO/NEW amended revolving credit of $75.0 million swingline sublimit with JPMorgan Chase Bank, N.A. at not disclosed maturing July 31, 2028.
  - Instrument: revolving credit
  - Principal: $75.0 million swingline sublimit
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: not disclosed
  - Maturity: July 31, 2028
  - Event: amendment
  source text: The Amendment also establishes a $75.0 million swingline as a sublimit of the Revolving Facility, which allows Lamar Media to borrow revolving loans on a same-day basis, in an aggregate outstanding principal amount of up to $75.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1090425/000119312523201706/0001193125-23-201706-index.htm
- Material Agreements
  LAMAR ADVERTISING CO/NEW amended Amendment No. 4 with JPMorgan Chase Bank, N.A. (effective 2023-07-31).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Effective: 2023-07-31
  source text: On July 31, 2023, Lamar Advertising Company’s (the “ Company ”) direct wholly owned subsidiary Lamar Media Corp. (“ Lamar Media ”) entered into the Amendment No. 4, dated as of July 31, 2023 (the “ Amendment ”), to the Fourth Amended and Restated Credit Agreement dated February 6, 2020
  evidence_url: https://www.sec.gov/Archives/edgar/data/1090425/000119312523201706/0001193125-23-201706-index.htm

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