---
schema_version: "secwatch.filing_event.v1"
accession: "0001579877-25-000113"
form_type: "8-K"
ticker: "OUT"
cik: "0001579877"
company_name: "OUTFRONT Media Inc."
filed_at: "2025-09-25T23:59:59+00:00"
generated_at: "2026-05-17T05:39:59.053611+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# OUTFRONT Media closes $1.0B refinancing; new revolver and term loan at improved pricing

## Summary
- New $500M revolving credit facility matures Sept 2030; $500M term loan matures Sept 2032.
- SOFR-based pricing: revolver margin 1.25%-1.75%, term loan margin 1.75%-2.00%.
- Proceeds used to repay existing secured facilities, AR facility, fees, and general corporate purposes.
- CFO Matthew Siegel granted $400K one-time performance-based RSU award with three-year cliff vest.
- Covenant requires Consolidated Net Secured Leverage Ratio ≤ 4.5x; standard events of default.

## SEC filing metadata
- accession: 0001579877-25-000113
- form_type: 8-K
- ticker: OUT
- cik: 0001579877
- company_name: OUTFRONT Media Inc.
- filed_at: 2025-09-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579877/000157987725000113/0001579877-25-000113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579877/000157987725000113/out-20250924.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001579877-25-000113
- JSON: https://secwatch.observer/filing/0001579877-25-000113.json
- Plain text: https://secwatch.observer/filing/0001579877-25-000113.txt

## Key facts
- Debt Financings
  OUTFRONT Media Inc. incurred credit facility of $1.0 billion, consisting of a $500.0 million revolving credit facility and a $500.0 million term loan with Wells Fargo Bank, National Association at SOFR plus an applicable margin ranging from 1.25% to 1.75% for the Revolving Cre maturing the Revolving Credit Facility will mature on September 24, 2030, and the Term Loan will mature on September 24, 2032.
  - Instrument: credit facility
  - Principal: $1.0 billion, consisting of a $500.0 million revolving credit facility and a $500.0 million term loan
  - Counterparty: Wells Fargo Bank, National Association
  - Rate: SOFR plus an applicable margin ranging from 1.25% to 1.75% for the Revolving Cre
  - Maturity: the Revolving Credit Facility will mature on September 24, 2030, and the Term Loan will mature on September 24, 2032
  - Event: incurrence
  source text: The Credit Agreement provides for an aggregate borrowing amount of $1.0 billion, consisting of a $500.0 million revolving credit facility (the “Revolving Credit Facility”) and a $500.0 million term loan (the “Term Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579877/000157987725000113/0001579877-25-000113-index.htm

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