debt
confidence high
sentiment neutral
materiality 0.55
Gray Media prices $775M of 7.250% senior secured notes due 2033; upsized by $75M
GRAY MEDIA, INC
- Priced $775M aggregate principal of 7.250% senior secured first lien notes due 2033 at 100% of par.
- Upsized by $75M from the previously announced offering amount.
- Proceeds to repay portions of term loan D (Dec 2028), term loan F (Jun 2029), and revolver balance.
- Closing expected July 25, 2025, subject to customary closing conditions.
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