{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-233341","form_type":"8-K","ticker":"BBGI","cik":"0001099160","company_name":"BEASLEY BROADCAST GROUP INC","filed_at":"2024-10-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.664337+00:00","generated_at":"2026-05-30T19:02:44.752874+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Beasley Broadcast Group refinances 98.4% of existing notes through exchange and tender","bullets":["$262.7M of 8.625% senior notes due 2026 tendered/exchanged (98.4% participation); $68M tendered for cash at 62.5% of par.","$194.7M exchanged for $185M of 9.2% senior secured notes due 2028, plus $5/1K cash and 179,424 shares (post-reverse split).","$30M of 11% superpriority senior secured notes due 2028 issued; backstopped by supporting holder.","Consent solicitation passed; indenture amendments will become effective upon settlement expected Oct 8.","CEO Caroline Beasley says transactions provide meaningful debt reduction and maturity extension for shareholders."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-233341","json":"https://secwatch.observer/filing/0001193125-24-233341.json","markdown":"https://secwatch.observer/filing/0001193125-24-233341.md","text":"https://secwatch.observer/filing/0001193125-24-233341.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1099160/000119312524233341/0001193125-24-233341-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1099160/000119312524233341/d856679d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T19:02:44.752874+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"}