On August 17, 2026, Gray Media priced a $750 million private offering of 7.500% senior secured first lien notes due 2034 at par. The proceeds will be used to redeem a portion of the company's outstanding 10.500% senior secured first lien notes due 2029, repay borrowings under its revolving credit facility, and pay offering fees and expenses. The transaction is expected to close on August 21, 2026, subject to customary conditions. Gray Media operates in the broadcasting industry as a television station group owner.

Gray Media announced on August 17, 2026, the commencement of a private offering of up to $750 million in aggregate principal amount of senior secured first lien notes due 2034. The company intends to use net proceeds to redeem $675 million of its outstanding 10.500% senior secured first lien notes due 2029, repay borrowings under its revolving credit facility, and pay offering fees. A conditional notice of partial redemption for the 2029 Notes was issued, with a redemption date set for August 27, 2026, at 105.250% of principal plus accrued interest. This transaction is subject to market conditions and regulatory exemptions under Rule 144A and Regulation S. Gray Media operates in the broadcasting industry, owning and operating television stations across the United States.

Gray Media, Inc. repurchased $100 million in 10.500% senior secured first lien notes due 2029 and $20 million in 5.375% senior notes due 2031 through a privately negotiated transaction on July 21, 2026. The repurchase was funded using cash on hand and borrowings from the company's existing revolving credit facility. Gray Media, Inc. operates in the media industry and provides broadcasting and content services.