secwatch.observer — SEC 8-K summary
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Issuer:     LAMAR ADVERTISING CO/NEW (LAMR)
CIK:        0001090425
Form:       8-K
Filed at:   2025-09-24T23:59:59+00:00
Accession:  0001193125-25-215425
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lamar Media Corp. closes $700M Term B Loan refinancing; matures 2032
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- Established $700M Term B Loans on Sept 23, 2025; borrowed full amount same day.
- Used $600M to repay prior Term B Loans; remainder paid down revolving credit balance.
- Term B Loans mature Sept 23, 2032; interest at SOFR + 1.50% or base rate + 0.50%.
- Subsidiary guarantors reaffirm guarantees; no defaults or events of default occurred.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090425/000119312525215425/0001193125-25-215425-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899045/000119312525215425/d74817d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-215425

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