debt
confidence high
sentiment neutral
materiality 0.50
Gray Media prices $750M of 7.500% senior secured first lien notes due 2034
GRAY MEDIA, INC
- Offering priced at 100% of par; expected to close on August 21, 2026.
- Proceeds to redeem a portion of outstanding 10.500% senior secured notes due 2029.
- Also to repay outstanding borrowings under revolving credit facility and pay fees.
- Notes and guarantees offered under Rule 144A and Regulation S; not registered.
- Jointly and severally guaranteed on senior secured first lien basis by restricted subsidiaries.