Final Results For Gray’s Cash Tender Offer Revealed


ATLANTA — Gray Television on Tuesday offered details regarding the expiration and final results of its previously announced offer to purchase for cash any and all of its outstanding 5.875% Senior Notes due 2026, subject to certain terms and conditions set forth in its purchase offer dated May 20.

According to information provided by D.F. King & Co., Gray’s Information Agent and Tender Agent for the broadcast TV station owner’s Tender Offer, as of 11:59pm Eastern on Monday no additional notes were validly tendered and not withdrawn after the early tender date, which was at 11:59pm on June 3, and prior to the Expiration Date. As a result, Gray is not purchasing any additional notes.

As such, $9,968,000 principal amount of the notes remain outstanding following the expiration date.

Gray retained Truist Securities; BofA Securities Inc.; and Wells Fargo Securities LLC to serve as Dealer Managers for the tender offer.

D.F. King & Co. was retained to serve as the Information Agent and Tender Agent for the tender offer.


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