secwatch.observer — SEC 8-K summary
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Issuer:     GRAY MEDIA, INC (GTN)
CIK:        0000043196
Form:       8-K
Filed at:   2026-08-17T13:06:08+00:00
Accession:  0001437749-26-028117
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gray Media launches $750M senior secured notes offering to refinance 2029 notes and revolver
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- Offering $750M aggregate principal of senior secured first lien notes due 2034, exempt from registration.
- Proceeds to redeem $675M of 10.500% 2029 notes, repay revolver borrowings, and pay fees.
- Conditional redemption of $675M 2029 notes at 105.250% plus accrued interest on Aug 27, 2026.
- Redemption conditioned on consummation of the new notes offering; notes guaranteed by restricted subsidiaries.
- Offered to QIBs under Rule 144A and non-U.S. persons under Regulation S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/43196/000143774926028117/0001437749-26-028117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/43196/000143774926028117/gtn20260814_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-028117

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