Lamar Media Corp. prices $400M private placement of 5.375% Senior Notes due 2033

LAMAR ADVERTISING CO/NEW

$400M aggregate principal of 5.375% Senior Notes due 2033 placed via institutional private placement.
Net proceeds of ~$393.5M after fees; expected closing on or about Sept 25, 2025.
Proceeds to repay indebtedness under revolving credit facility and Accounts Receivable Securitization Program.
Notes guaranteed on a senior unsecured basis by substantially all of Lamar Media's domestic subsidiaries.

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