Gray Media Completes Offering of $70 Million of Additional 7.250% Senior Secured First Lien Notes due 2033 and Repurchases $50 million of Series A Preferred Stock
Atlanta-based Gray Media, Inc. completed a private placement on June 30, 2026, securing $70 million through the issuance of 7.250% Senior Secured First Lien Notes due 2033. The Additional Notes were offered to accredited investors at par value plus accumulated interest starting from February 15, 2026. Gray Media, Inc. referred to as "Gray," successfully closed this financing round, emphasizing their commitment to growth and financial stability.