{"schema_version":"secwatch.filing_event.v1","accession":"0001579877-23-000100","form_type":"8-K","ticker":"OUT","cik":"0001579877","company_name":"OUTFRONT Media Inc.","filed_at":"2023-11-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.620131+00:00","generated_at":"2026-06-07T23:21:48.824957+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"OUTFRONT Media issues $450M of 7.375% Senior Secured Notes due 2031","bullets":["$450M aggregate principal of 7.375% notes due Feb 15, 2031; interest payable semi-annually starting May 15, 2024.","Notes secured by liens on substantially all assets of issuers and guarantors, pari passu with senior credit facilities; excludes equity of Canadian subsidiaries pending sale.","Issuers may redeem some or all notes after Nov 15, 2026 at specified prices; mandatory change-of-control repurchase at 101%.","Indenture contains customary covenants limiting additional debt, dividends, investments, asset sales; certain covenants cease if investment grade ratings obtained."],"urls":{"canonical":"https://secwatch.observer/filing/0001579877-23-000100","json":"https://secwatch.observer/filing/0001579877-23-000100.json","markdown":"https://secwatch.observer/filing/0001579877-23-000100.md","text":"https://secwatch.observer/filing/0001579877-23-000100.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1579877/000157987723000100/0001579877-23-000100-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1579877/000157987723000100/out-20231120.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T23:21:48.824957+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":[{"claim_id":"2c9ab81e2e4663e49d8d29b9dfbbd7d35bb713ec","claim":"OUTFRONT Media Inc. incurred senior notes of $450.0 million with Deutsche Bank Trust Company Americas at 7.375% per annum maturing February 15, 2031.","evidence_excerpt":"On November 20, 2023, OUTFRONT Media Inc. (the \"Company\"), along with its wholly-owned subsidiaries, Outfront Media Capital LLC, a Delaware limited liability company (\"Finance LLC\"), and Outfront Media Capital Corporation, a Delaware corporation (together with Finance LLC, the \"Issuers\"), and the other guarantors party thereto (the \"Guarantors\"), entered into an indenture (the \"Indenture\") with Deutsche Bank Trust Company Americas, as trustee (the \"Trustee\") and collateral agent, relating to the issuance by the Issuers of $450.0 million aggregate principal amount of 7.375% Senior Secured Notes due 2031 (the \"Notes\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1579877/000157987723000100/0001579877-23-000100-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$450.0 million"},{"label":"Counterparty","value":"Deutsche Bank Trust Company Americas"},{"label":"Rate","value":"7.375% per annum"},{"label":"Maturity","value":"February 15, 2031"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"afbbc0c2d8e5adcd5dff723dd05a3fe04bb5adaf","claim":"OUTFRONT Media Inc. entered into Indenture with Deutsche Bank Trust Company Americas valued at $450.0 million aggregate principal amount of 7.375% Senior Secured Notes due 2031 (effective 2023-11-20).","evidence_excerpt":"On November 20, 2023, OUTFRONT Media Inc. (the “Company”), along with its wholly-owned subsidiaries, Outfront Media Capital LLC, a Delaware limited liability company (“Finance LLC”), and Outfront Media Capital Corporation, a Delaware corporation (together with Finance LLC, the “Issuers”), and the other guarantors party thereto (the “Guarantors”), entered into an indenture (the “Indenture”) with Deutsche Bank Trust Company Americas, as trustee (the “Trustee”) and collateral agent, relating to the issuance by the Issuers of $450.0 million aggregate principal amount of 7.375% Senior Secured Notes due 2031 (the “Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1579877/000157987723000100/0001579877-23-000100-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Deutsche Bank Trust Company Americas"},{"label":"Value","value":"$450.0 million aggregate principal amount of 7.375% Senior Secured Notes due 2031"},{"label":"Effective","value":"2023-11-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}