Gray Media closes refinancing of Term Loan and revolving credit facility
FROM THE WIRE · FINANCE.YAHOO.COM
Gray Media ATLANTA, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Gray Media, Inc. ("Gray") (NYSE: GTN) announced today that it has closed a new $600 million Term Loan G maturing July 15, 2030 and has reduced its existing $750 million revolving credit facility to $680 million and extended…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralGray closed new $600M Term Loan G and reduced revolving facility to $680M.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Gray Media closed new $600M Term Loan G maturing July 15, 2030.
- 02Revolving credit facility reduced from $750M to $680M with maturity extended to July 15, 2030.
- 03Term Loan G priced at 350 basis points over SOFR with 0.5% original issue discount.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets