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Gray Media said it closed a new $600 million term loan maturing July 15, 2030 and reduced its revolving credit facility to $680 million while extending that maturity to July 15, 2030. The company said proceeds were used to repay part of an existing term loan and related fees.
Gray Media said it closed a new $600 million term loan maturing July 15, 2030, and reduced its $750 million revolving credit facility to $680 million, extending its maturity date.