---
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"
generated_at: "2026-05-30T19:02:44.752874+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Beasley Broadcast Group refinances 98.4% of existing notes through exchange and tender

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-233341
- JSON: https://secwatch.observer/filing/0001193125-24-233341.json
- Plain text: https://secwatch.observer/filing/0001193125-24-233341.txt

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