Gray Media closes $250M add-on of 9.625% senior secured notes due 2032

GRAY MEDIA, INC

Issued $250M additional 9.625% senior secured second-lien notes at 102% of par plus accrued interest.
Notes form single series with existing $900M 9.625% notes due 2032; total now $1.15B.
Net proceeds used to redeem a portion of 10.500% first-lien notes due 2029, pay fees, and for general corporate purposes.
Interest payable semiannually starting Jan 15, 2026; maturity July 15, 2032.
Issued in private placement under Section 4(a)(2) and Regulation D.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.99

GRAY MEDIA, INC incurred senior notes of $250,000,000 with certain accredited investors at 9.625% maturing July 15, 2032.

Instrument: senior notes
Principal: $250,000,000
Counterparty: certain accredited investors
Rate: 9.625%
Maturity: July 15, 2032
Event: incurrence

Exact text from the filing

On December 12, 2025, Gray Media, Inc. (“ Gray ”, “ we ” or the “ Company ”) issued $250,000,000 in aggregate principal amount of its 9.625% Senior Secured Second Lien Notes due 2032 (the “ Additional Notes ”) to certain accredited investors (the “ Purchasers ”) pursuant to certain purchase agreements, dated December 5, 2025, by and among the Company, the guarantors party thereto and the Purchasers.

View on SEC.gov

311 debt financings filed in the last 30 days. Browse all debt financings →

GRAY MEDIA, INC filing history →

Source: SEC EDGAR

accession 0001437749-25-037759

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.