secwatch.observer — SEC 8-K summary
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Issuer:     GRAY MEDIA, INC (GTN)
CIK:        0000043196
Form:       8-K
Filed at:   2025-07-22T23:59:59+00:00
Accession:  0001437749-25-023151
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gray Media announces $700M senior secured note offering to refinance existing term loans
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- $700M aggregate principal of senior secured first lien notes due 2033 offered via private placement.
- Proceeds plus revolver borrowings to repay part of term loan D (due Dec 2028) and term loan F (due June 2029).
- Notes guaranteed by existing and future restricted subsidiaries on a senior secured first lien basis.
- Offering exempt from Securities Act registration; sold to QIBs under Rule 144A and non-US persons under Reg S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/43196/000143774925023151/0001437749-25-023151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/43196/000143774925023151/gtn20250721_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-023151

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer