{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-032392","form_type":"8-K","ticker":"GTN","cik":"0000043196","company_name":"GRAY MEDIA, INC","filed_at":"2026-10-09T10:20:52+00:00","discovered_at":"2026-10-09T10:25:01.463714+00:00","generated_at":"2026-10-12T15:20:23.320531+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Gray Media closes $600M Term Loan G, trims revolver to $680M; maturities pushed past 2028","bullets":["$600M Term Loan G priced at SOFR + 350 bps with 0.5% original issue discount; matures July 15, 2030; proceeds repaid part of Term Loan D, leaving $150M outstanding.","Revolver commitments cut from $750M to $680M and maturity extended from December 1, 2028 to July 15, 2030; pricing grid unchanged.","Term Loan G and revolver carry springing maturities 91 days before Term D or the 2029 1L Notes if more than $200M of either remains outstanding.","Recaps August 21, 2026 closing of $750M of 7.50% senior secured first lien notes due 2034, proceeds used to repay $675M of 10.5% senior secured first lien notes due 2029.","Gray says refinancings extended maturities on over $1.25B of debt and lowered borrowing costs; nearest maturities are $150M Term Loan D (Dec 2028) and $350M of 2029 Notes (July 2029)."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-032392","json":"https://secwatch.observer/filing/0001437749-26-032392.json","markdown":"https://secwatch.observer/filing/0001437749-26-032392.md","text":"https://secwatch.observer/filing/0001437749-26-032392.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/43196/000143774926032392/0001437749-26-032392-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/43196/000143774926032392/gtn20261008_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T15:20:23.320531+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"}