Lee Enterprises secures May interest/rent waiver; principal rises to $457M after cyber attack

LEE ENTERPRISES, Inc

Lender waives May 2025 interest ($3.40M) and rent ($0.39M), adding both to loan principal.
Aggregate unpaid principal balance increases to $457,246,827 as of May 1, 2025.
Credit agreement amended: mandatory prepayment of 100% of net cash proceeds from asset sales within three days.
Lender may now assign its rights under the credit agreement to any person (not just affiliates).
Follows similar waivers for March and April 2025 payments after a cyber-attack caused a systems outage.

item 1.01 item 2.03 item 9.01

Machine-readable event card

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ticker: LEE
cik: 0000058361
company_name: LEE ENTERPRISES, Inc
filed_at: 2025-05-05T23:59:59+00:00
discovered_at: 2026-05-14T18:02:51.022214+00:00
generated_at: 2026-05-22T19:42:37.363515+00:00
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