8-K filed May 1, 2026, 7:59 PM ET ticker BBGI CIK 0001099160

debt confidence high sentiment neutral materiality 0.85

Beasley completes exchange of $184M second-lien notes for $98.5M PIK notes, new $35M ABL facility

BEASLEY BROADCAST GROUP INC

Exchanged $184.1M of 9.200% Second Lien Notes for $98.5M of new 10% PIK Notes due 2027 at $500 per $1,000 principal plus 50% accrued interest.
New PIK Notes mature Dec 31, 2027, with springing maturity in Sept 2027 if refinancing not secured; interest payable in kind.
Holders of majority of PIK Notes may convert all outstanding notes into 95% of BBGI common equity after Dec 31, 2027, subject to FCC approval.
Entered $35M ABL credit facility with Siena Lending Group LLC, maturing 2029, borrowing based on receivables, floating rate + 4.25% margin.
Completed tender offer for $15.9M of existing First Lien Notes at par; $15M remain outstanding.

item 1.01 item 2.03 item 8.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001193125-26-201510
form_type: 8-K
ticker: BBGI
cik: 0001099160
company_name: BEASLEY BROADCAST GROUP INC
filed_at: 2026-05-01T23:59:59+00:00
discovered_at: 2026-05-14T18:02:31.951451+00:00
generated_at: 2026-05-15T00:13:44.428938+00:00
sec_items: ["1.01", "2.03", "8.01", "9.01"]
event_type: debt
sentiment: neutral
materiality_score: 0.85
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Source-grounded claims

1d722e6aba4e61d7fd975a64e306db26e7206ba8

BEASLEY BROADCAST GROUP INC incurred senior notes of $98,475,254 with Wilmington Trust, National Association at 10.000% maturing December 31, 2027.

1, 2026, Beasley Mezzanine Holdings, LLC (the “Issuer”), a direct, wholly owned subsidiary of Beasley Broadcast Group, Inc. (the “Company”), issued $98,475,254 in aggregate principal amount of 10.000% Senior Secured Second Lien PIK Notes due 2027 (the “2027 PIK Notes”).

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

7f3181e42373daff219746db9420a60b0b166c7d

BEASLEY BROADCAST GROUP INC entered into 2027 PIK Notes Indenture with Wilmington Trust, National Association valued at $98,475,254 (effective 2026-05-01).

The 2027 PIK Notes were issued pursuant to an indenture, dated as of May 1, 2026 (the “2027 PIK Notes Indenture”), among the Issuer, the guarantors named therein and Wilmington Trust, National Association, as trustee and collateral agent.

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

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1, 2026, Beasley Mezzanine Holdings, LLC (the “Issuer”), a direct, wholly owned subsidiary of Beasley Broadcast Group, Inc. (the “Company”), issued $98,475,254 in aggregate principal amount of 10.000% Senior Secured Second Lien PIK Notes due 2027 (the “2027 PIK Notes”).

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1, 2026, Beasley Mezzanine Holdings, LLC (the “Issuer”), a direct, wholly owned subsidiary of Beasley Broadcast Group, Inc. (the “Company”), issued $98,475,254 in aggregate principal amount of 10.000% Senior Secured Second Lien PIK Notes due 2027 (the “2027 PIK Notes”).

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1, 2026, Beasley Mezzanine Holdings, LLC (the “Issuer”), a direct, wholly owned subsidiary of Beasley Broadcast Group, Inc. (the “Company”), issued $98,475,254 in aggregate principal amount of 10.000% Senior Secured Second Lien PIK Notes due 2027 (the “2027 PIK Notes”).

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1, 2026, Beasley Mezzanine Holdings, LLC (the “Issuer”), a direct, wholly owned subsidiary of Beasley Broadcast Group, Inc. (the “Company”), issued $98,475,254 in aggregate principal amount of 10.000% Senior Secured Second Lien PIK Notes due 2027 (the “2027 PIK Notes”).

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The 2027 PIK Notes were issued pursuant to an indenture, dated as of May 1, 2026 (the “2027 PIK Notes Indenture”), among the Issuer, the guarantors named therein and Wilmington Trust, National Association, as trustee and collateral agent.

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1, 2026, Beasley Mezzanine Holdings, LLC (the “Issuer”), a direct, wholly owned subsidiary of Beasley Broadcast Group, Inc. (the “Company”), issued $98,475,254 in aggregate principal amount of 10.000% Senior Secured Second Lien PIK Notes due 2027 (the “2027 PIK Notes”).

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The 2027 PIK Notes were issued pursuant to an indenture, dated as of May 1, 2026 (the “2027 PIK Notes Indenture”), among the Issuer, the guarantors named therein and Wilmington Trust, National Association, as trustee and collateral agent.

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1, 2026, Beasley Mezzanine Holdings, LLC (the “Issuer”), a direct, wholly owned subsidiary of Beasley Broadcast Group, Inc. (the “Company”), issued $98,475,254 in aggregate principal amount of 10.000% Senior Secured Second Lien PIK Notes due 2027 (the “2027 PIK Notes”).

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Source: SEC EDGAR

accession 0001193125-26-201510

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