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Reported Earlier, Gray Media Prices $750M Of 7.500% Senior Secured First Lien Notes Due 2034 At 100% Of Par

Aug 18, 2026 · 01:47 AM ET· updated 1h ago

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Why It Matters

Gray Media borrowed $750 million by selling special bonds (like an IOU that pays 7.5% interest) that it will pay back in 2034. This shows the company needed cash and thinks it can afford the payments over time.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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