Gray Media closes USD 600 million term loan, extends revolver to 2030

Bitget2026/10/08 21:15

Gray Media closed a USD 600 million Term Loan G due July 15, 2030. Loan pricing set at 350 basis points over SOFR; original issue discount of 0.5%. Revolving credit facility cut to USD 680 million from USD 750 million; maturity extended to July 15, 2030. Term Loan G proceeds repaid part of Term Loan D due December 1, 2028; USD 150 million remains outstanding. Nearest maturities now include USD 150 million Term Loan D in December 2028; USD 350 million 2029 Notes in July 2029. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gray Media Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610081715PRIMZONEFULLFEED9842552) on October 08, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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