---
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"
generated_at: "2026-06-07T23:21:48.824957+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# OUTFRONT Media issues $450M of 7.375% Senior Secured Notes due 2031

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001579877-23-000100
- JSON: https://secwatch.observer/filing/0001579877-23-000100.json
- Plain text: https://secwatch.observer/filing/0001579877-23-000100.txt

## Key facts
- Debt Financings
  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.
  - Instrument: senior notes
  - Principal: $450.0 million
  - Counterparty: Deutsche Bank Trust Company Americas
  - Rate: 7.375% per annum
  - Maturity: February 15, 2031
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1579877/000157987723000100/0001579877-23-000100-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Deutsche Bank Trust Company Americas
  - Value: $450.0 million aggregate principal amount of 7.375% Senior Secured Notes due 2031
  - Effective: 2023-11-20
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1579877/000157987723000100/0001579877-23-000100-index.htm

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