IntrinsicIntrinsic

Financing ·

Lamar extends maturity of accounts receivable securitization program to October 1, 2029

LAMRLamar Advertising Co

Lamar Advertising Company's subsidiary Lamar Media Corp. entered into an eighth amendment to its Receivables Financing Agreement with PNC Bank. The amendment extends the maturity date of the company's accounts receivable securitization program to October 1, 2029, and provides additional flexibility for the eligibility of certain receivables under the facility. Lamar operates in the outdoor advertising industry.

More from Lamar Advertising Co

Explore LAMR