---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-023262"
form_type: "8-K"
ticker: "GTN"
cik: "0000043196"
company_name: "GRAY MEDIA, INC"
filed_at: "2025-07-23T23:59:59+00:00"
generated_at: "2026-05-18T03:47:19.366366+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Gray Media prices $775M of 7.250% senior secured notes due 2033; upsized by $75M

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-25-023262
- form_type: 8-K
- ticker: GTN
- cik: 0000043196
- company_name: GRAY MEDIA, INC
- filed_at: 2025-07-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43196/000143774925023262/0001437749-25-023262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43196/000143774925023262/gtn20250722_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-023262
- JSON: https://secwatch.observer/filing/0001437749-25-023262.json
- Plain text: https://secwatch.observer/filing/0001437749-25-023262.txt

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