debt
confidence high
sentiment neutral
materiality 0.55
Lamar Media amends receivables financing, extends maturity to October 1, 2029
LAMAR ADVERTISING CO/NEW
- Lamar Media Corp., Lamar QRS Receivables LLC and Lamar TRS Receivables LLC entered the Eighth Amendment to the Receivables Financing Agreement with PNC Bank.
- The Eighth Amendment, dated October 1, 2026, extends the accounts receivable securitization program's maturity date to October 1, 2029.
- The amendment provides additional flexibility for eligibility of certain receivables under the program.
- PNC Bank, National Association acts as Administrative Agent and Lender; PNC Capital Markets LLC is Structuring Agent and Sustainability Agent.
- Jay L. Johnson signed as Executive Vice President, Chief Financial Officer and Treasurer on October 6, 2026.