Gray Announces Private Offering of Senior Secured First Lien Notes
Gray Media, Inc. announced a private offering of up to $750 million in senior secured first lien notes due 2034. The proceeds will be used to redeem some of its 2029 notes, repay borrowings on its revolving credit facility, and cover issuance costs. The offering targets qualified institutional buyers and non-U.S. persons, is exempt from registratio…