---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-226747"
form_type: "8-K"
ticker: "LAMR"
cik: "0001090425"
company_name: "LAMAR ADVERTISING CO/NEW"
filed_at: "2025-10-01T23:59:59+00:00"
generated_at: "2026-05-17T05:02:33.250554+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lamar Advertising subsidiary issues $400M of 5.375% Senior Notes due 2033

## Summary
- Lamar Media Corp. issued $400M of 5.375% Senior Notes due November 1, 2033.
- Net proceeds of approximately $393.5M; interest payable semi-annually starting May 1, 2026.
- Covenants restrict additional debt, distributions, liens, affiliate transactions, and asset sales.
- Redemption: up to 40% at 105.375% prior to Nov 2028 with equity offering proceeds; make-whole prior to Nov 2028, then at specified prices.
- Event of default includes non-payment, covenant breach, cross-acceleration over $150M, and bankruptcy.

## SEC filing metadata
- accession: 0001193125-25-226747
- form_type: 8-K
- ticker: LAMR
- cik: 0001090425
- company_name: LAMAR ADVERTISING CO/NEW
- filed_at: 2025-10-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090425/000119312525226747/0001193125-25-226747-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899045/000119312525226747/d97349d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-226747
- JSON: https://secwatch.observer/filing/0001193125-25-226747.json
- Plain text: https://secwatch.observer/filing/0001193125-25-226747.txt

## Key facts
- Debt Financings
  LAMAR ADVERTISING CO/NEW incurred senior notes of $400.0 million with U.S. Bank Trust Company, National Association at 5.375% maturing November 1, 2033.
  - Instrument: senior notes
  - Principal: $400.0 million
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 5.375%
  - Maturity: November 1, 2033
  - Event: incurrence
  source text: On September 25, 2025, Lamar Advertising Company (the “Company”) completed an institutional private placement of $400.0 million in aggregate principal amount of 5.375% Senior Notes due 2033 (the “Notes”) of Lamar Media Corp., its wholly owned subsidiary (“Lamar Media”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1090425/000119312525226747/0001193125-25-226747-index.htm

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