Lamar advertising company announces conditional redemption of 5 3/4% senior notes due 2026

Baton rouge, la., jan. 04, 2021 (globe newswire) -- lamar advertising company (nasdaq: lamr), a leading owner and operator of outdoor advertising and logo sign displays, today announced that its wholly owned subsidiary, lamar media corp. (“lamar media”), intends to redeem in full all $650,000,000 in aggregate principal amount of its outstanding 5 3/4% senior notes due 2026 (cusip no. ‎513075bl4‎) (the “notes”), subject to the satisfaction of the financing condition (as defined below). the redemption will be made in accordance with the terms of the indenture governing the notes and the terms of the notice of redemption.
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