Gray Reveals Upsizing and Pricing of Second Lien Notes

Radio & Television Business Report

Author: Adam Jacobson
July 9, 2025 8:50 am

On Tuesday, broadcast TV company Gray Media announced a private offering of $900 million aggregate principal amount of 9.625% senior secured second lien notes due 2032. One day later, the NYSE-traded company unveiled the pricing of the offering, and it is an upsizing — a mark of success for Gray.

Please visit

Radio & Television Business Report

for the full story HERE.