Nexstar Media Group Inc. has announced the successful refinancing of its credit facilities, alongside Mission Broadcasting Inc., resulting in extended maturities and reduced interest rate margins. The new agreements include a $750 million Nexstar Revolving Credit Facility and a $75 million Mission Revolving Credit Facility, both due in 2030, as well as a $1,905 million Nexstar Term Loan A and a $1,300 million Nexstar Term Loan B, due in 2030 and 2032, respectively. These facilities bear interest at the Secured Overnight Financing Rate plus varying basis points, offering a credit spread reduction compared to previous rates. This strategic refinancing enhances Nexstar's capital structure and financial flexibility. More details are available in the company's 8-K filing.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。