Gray Media Inc. has successfully completed its offering of $900 million in senior secured second lien notes, as announced on July 18, 2025. These notes come with an interest rate of 9.625% and are set to mature on July 15, 2032. The issuance was carried out at par value. The proceeds from this offering will be utilized to redeem Gray's outstanding 7.000% senior notes due in 2027, repay a portion of the company's Term Loan F, and cover related fees and expenses. The notes are guaranteed on a senior secured second lien basis by Gray's existing and future restricted subsidiaries. Interest on these notes will be paid semiannually, starting January 15, 2026.
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。