Gray announces upsizing and pricing of $1.25 billion of 10.500% senior secured first lien notes due 2029

Atlanta, may 23, 2024 (globe newswire) -- gray television, inc. (“gray”) (nyse: gtn) announced today the pricing of its previously announced private offering of $1.25 billion aggregate principal amount of 10.500% senior secured first lien notes due 2029 (the “notes”). this represents an increase of $250 million over the amount previously announced. the notes were priced at 100% of par. the offering of the notes is expected to close on june 3, 2024, subject to customary closing conditions and the closing of the refinancing of its senior credit facility.
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