---
schema_version: "secwatch.filing_event.v1"
accession: "0001579877-23-000053"
form_type: "8-K"
ticker: "OUT"
cik: "0001579877"
company_name: "OUTFRONT Media Inc."
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T14:33:24.427224+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# OUTFRONT Media amends credit agreement to replace LIBOR with Term SOFR

## Summary
- Amendment No. 7 replaces LIBOR with Term SOFR as interest rate benchmark in credit agreement dated Jan 31, 2014.
- Existing LIBOR loans continue through their current interest period, then convert to 1-month Term SOFR loans.
- Amendment effective May 24, 2023; no lender objection within five business days of May 17 posting.
- All other material terms of the credit agreement remain unchanged.

## SEC filing metadata
- accession: 0001579877-23-000053
- form_type: 8-K
- ticker: OUT
- cik: 0001579877
- company_name: OUTFRONT Media Inc.
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579877/000157987723000053/0001579877-23-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579877/000157987723000053/out-20230525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001579877-23-000053
- JSON: https://secwatch.observer/filing/0001579877-23-000053.json
- Plain text: https://secwatch.observer/filing/0001579877-23-000053.txt

## Key facts
- Material Agreements
  OUTFRONT Media Inc. amended Amendment with Morgan Stanley Senior Funding, Inc. and the other lenders party thereto (effective 2023-05-24).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Morgan Stanley Senior Funding, Inc. and the other lenders party thereto
  - Effective: 2023-05-24
  source text: On May 24, 2023, OUTFRONT Media Inc. (the “Company”), along with its wholly-owned subsidiaries, Outfront Media Capital LLC and Outfront Media Capital Corporation, and the other guarantors party thereto, entered into an amendment (the “Amendment”) to its credit agreement, dated as of January 31, 2014 (as amended, restated, amended and restated, supplemented or otherwise modified, the “Credit Agreement”), with Morgan Stanley Senior Funding, Inc. and the other lenders party thereto from time to time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579877/000157987723000053/0001579877-23-000053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.