{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-037077","form_type":"8-K","ticker":"GTN","cik":"0000043196","company_name":"GRAY MEDIA, INC","filed_at":"2025-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.792197+00:00","generated_at":"2026-05-16T14:08:13.279289+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Gray Media sells $250M 9.625% senior secured notes; to redeem $125M of 10.5% first lien notes","bullets":["Sold $250M aggregate principal of 9.625% Senior Secured Second Lien Notes due 2032 at 102% of par plus accrued interest.","Notes are an additional issuance to the existing $900M of same series (July 2025), forming a single series.","Net proceeds used to redeem $125M of 10.500% Senior Secured First Lien Notes due 2029 at 103% of principal (conditional redemption on Dec 19, 2025).","Closing expected December 12, 2025, subject to customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-037077","json":"https://secwatch.observer/filing/0001437749-25-037077.json","markdown":"https://secwatch.observer/filing/0001437749-25-037077.md","text":"https://secwatch.observer/filing/0001437749-25-037077.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/43196/000143774925037077/0001437749-25-037077-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/43196/000143774925037077/gtn20251205_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T14:08:13.279289+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"}