Gray Announces Closing of Term Loan and Revolving Credit Facility Refinancing

ATLANTA, June 04, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. ("Gray" or the "Company") (NYSE:GTN) announced today that it has closed a refinancing of its $1.15 billion term loan due in 2026 and upsizing of its revolving credit facility. The refinancing, among other things, provides a new $500 million tranche F term loan with a maturity date of June 4, 2029, increased aggregate commitments under the Company's existing $552.5 million tranche of the revolving credit facility that matures on December 31, 20 ...