Lamar extends AR securitization maturity to Oct 2027 with springing feature

LAMAR ADVERTISING CO/NEW

Seventh Amendment extends Receivables Financing Agreement maturity to October 15, 2027.
Springing maturity test: if Term Loan B liquidity insufficient 91 days before its Feb 2027 maturity, program accelerates.
Amendment entered Oct 15, 2024; PNC Bank remains Administrative Agent and a Lender.
Related agreements: PSA Amendments, Fee Letter, Performance Guaranty also executed.

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