Gray Closes Term Loan, Revolving Credit Facility ReFi

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Gray Media, the second-largest licensee of broadcast television stations in the U.S., has closed a new $600 million Term Loan G maturing July 15, 2030. The publicly traded company has also reduced its existing $750 million revolving credit facility, while announcing Friday that its launched a new “incremental term loan” while redeeming some of its 2029 notes.


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