---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-017135"
form_type: "8-K"
ticker: "GTN"
cik: "0000043196"
company_name: "GRAY MEDIA, INC"
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:47:24.456233+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Gray TV proposes $1.6B refinancing of 2026 debt; upsizes revolver to $680M

## Summary
- Targeting $750M new term loans due 2029 and $750M additional senior secured debt.
- Increasing revolver from $552.5M to $680M; terminating separate $72.5M revolver due 2026.
- Refinancing covers $1.15B term loan due 2026 and up to $450M of 5.875% senior notes due 2026.
- Process subject to market conditions; no assurance of completion.
- Combined with Feb 2024 upsizing, revolver capacity raised to $680M by Dec 2027.

## SEC filing metadata
- accession: 0001437749-24-017135
- form_type: 8-K
- ticker: GTN
- cik: 0000043196
- company_name: GRAY MEDIA, INC
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43196/000143774924017135/0001437749-24-017135-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43196/000143774924017135/gtn20240515_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-017135
- JSON: https://secwatch.observer/filing/0001437749-24-017135.json
- Plain text: https://secwatch.observer/filing/0001437749-24-017135.txt

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