{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-019216","form_type":"8-K","ticker":"GTN","cik":"0000043196","company_name":"GRAY MEDIA, INC","filed_at":"2024-06-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.619892+00:00","generated_at":"2026-06-01T06:38:29.002231+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Gray Television issues $1.25B 10.5% notes due 2029, refinances $1.15B term loan, upsizes revolver to $680M","bullets":["Issued $1.25B of 10.5% senior secured first lien notes due July 2029 at par; proceeds repay $1.2B tranche E term loan due 2026 and help repurchase 5.875% notes due 2026.","New $500M tranche F term loan due June 2029 at SOFR+5.25%; revolver increased $127.5M to $680M, maturing Dec 2027; $72.5M tranche terminated.","Tendered $690M (98.58%) of outstanding 5.875% senior notes due 2026; next debt maturity now May 2027 (7% notes); near-term refinancing risk reduced.","Combined with Feb 2024 revolver upsizing, total revolver capacity $680M with maturity Dec 2027; company has no debt due until after 2026 political cycles."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-019216","json":"https://secwatch.observer/filing/0001437749-24-019216.json","markdown":"https://secwatch.observer/filing/0001437749-24-019216.md","text":"https://secwatch.observer/filing/0001437749-24-019216.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/43196/000143774924019216/0001437749-24-019216-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/43196/000143774924019216/gtn20240603_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T06:38:29.002231+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}