---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-189109"
form_type: "8-K"
ticker: "BBGI"
cik: "0001099160"
company_name: "BEASLEY BROADCAST GROUP INC"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:33:54.183451+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beasley Broadcast completes exchange of 99.53% of second lien notes; debt reduction of ~$92M

## Summary
- Exchanged $184M of 9.200% Second Lien Notes due 2028 for new 10.000% PIK Notes due 2027 at 50% ratio ($500 per $1,000), reducing principal by approx 50%.
- Tender offer purchased $15.9M of Existing First Lien Notes at par; $15M of those notes remain outstanding.
- Received 100% valid consents from First Lien Noteholders and sufficient consents from Second Lien Noteholders to amend indentures and release collateral.
- Settlement of Offers and effectuation of Proposed Amendments expected on or around April 30, 2026.

## SEC filing metadata
- accession: 0001193125-26-189109
- form_type: 8-K
- ticker: BBGI
- cik: 0001099160
- company_name: BEASLEY BROADCAST GROUP INC
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099160/000119312526189109/0001193125-26-189109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099160/000119312526189109/d112365d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-189109
- JSON: https://secwatch.observer/filing/0001193125-26-189109.json
- Plain text: https://secwatch.observer/filing/0001193125-26-189109.txt

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