Gray Announces Private Offering of Senior Secured First Lien Notes

ATLANTA, July 22, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that it intends to offer up to $700 million aggregate principal amount of senior secured first lien notes due 2033, subject to market conditions. The offering will be exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”). Gray intends to use the net proceeds of the offering, together with borrowings under Gray’s revolving credit facility, to (i) repay ...