---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-129955"
form_type: "8-K"
ticker: "NXST"
cik: "0001142417"
company_name: "NEXSTAR MEDIA GROUP, INC."
filed_at: "2026-03-30T23:59:59+00:00"
generated_at: "2026-05-15T08:20:38.947696+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nexstar Media completes $3.39B senior secured notes offering and $1.75B term loan to refinance TEGNA acquisition debt

## Summary
- Issued $3,390M of 6.500% Senior Secured Notes due 2033 to repay bridge facility and refinance existing term loan.
- Incurred $1,750M New Incremental Term Loan B Facility under amended credit agreement, bearing SOFR + 2.75%.
- Redeemed all outstanding TEGNA 4.625% Senior Notes due 2028 and repaid/terminated $2,390M bridge facility.
- Proceeds also used to fund purchase of ~$1,000M of TEGNA's 5.00% notes due 2029 in tender offer.

## SEC filing metadata
- accession: 0001193125-26-129955
- form_type: 8-K
- ticker: NXST
- cik: 0001142417
- company_name: NEXSTAR MEDIA GROUP, INC.
- filed_at: 2026-03-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1142417/000119312526129955/0001193125-26-129955-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1142417/000119312526129955/nxst-20260324.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-129955
- JSON: https://secwatch.observer/filing/0001193125-26-129955.json
- Plain text: https://secwatch.observer/filing/0001193125-26-129955.txt

## Source-grounded claims
- claim_id: 05daa7a8756e54144d08297cf227abeb578f5036
  claim: NEXSTAR MEDIA GROUP, INC. incurred senior notes of $3,390 million at 6.500% maturing September 15, 2033.
  evidence_excerpt: On March 25, 2026, Nexstar Media Inc. (the “Issuer” or “NMI”), a wholly owned subsidiary of Nexstar Media Group, Inc. (the “Company”), completed the issuance and sale of $3,390 million in aggregate principal amount of 6.500% Senior Secured Notes due 2033 (the “Secured Notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1142417/000119312526129955/0001193125-26-129955-index.htm
- claim_id: 587aa3947bf47d664b3485520c55c4a4ad083a06
  claim: NEXSTAR MEDIA GROUP, INC. incurred senior notes of approximately $1,000 million.
  evidence_excerpt: On March 24, 2026, NMI incurred approximately $1,000 million of delayed draw borrowings under the Bridge Facility to fund the redemption of all of TEGNA’s 4.625% Senior Notes due 2028 at a redemption price equal to 100% of the principal amount thereof, plus accrued and unpaid interest to, but excluding, the redemption date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1142417/000119312526129955/0001193125-26-129955-index.htm
- claim_id: 1c1e162d54ac2fc4cac45bbfb99b3f27a45511ec
  claim: NEXSTAR MEDIA GROUP, INC. entered into Credit Agreement Amendment (effective 2026-03-25).
  evidence_excerpt: On March 25, 2026, NMI entered into that certain Amendment No. 9 (the “Credit Agreement Amendment”) to the Credit Agreement, dated as of January 17, 2017
  evidence_url: https://www.sec.gov/Archives/edgar/data/1142417/000119312526129955/0001193125-26-129955-index.htm
- claim_id: 607109df06e913474fbf2a87b411049d0ae92e1b
  claim: NEXSTAR MEDIA GROUP, INC. entered into Secured Notes Indenture with Wilmington Trust, National Association, as trustee and notes collateral agent valued at $3,390 million (effective 2026-03-25).
  evidence_excerpt: The Secured Notes were issued pursuant to an indenture, dated as of March 25, 2026 (the “Secured Notes Indenture”), by and among the Issuer, the Company, Mission Broadcasting, Inc. (“Mission”), the other guarantors party thereto and Wilmington Trust, National Association, as trustee and notes collateral agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1142417/000119312526129955/0001193125-26-129955-index.htm

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