Gray Media (NYSE: GTN) to Redeem 5.875% 2026 Senior Notes in January 2026

Rhea-AI Filing Summary

Gray Media, Inc. plans to redeem all of its 5.875% senior notes due 2026 on January 20, 2026. These 2026 notes will be redeemed at 100% of their principal amount, plus any accrued and unpaid interest up to the redemption date.

The company has issued a formal notice of redemption to holders of the 2026 notes. It also states that this disclosure does not constitute an offer to purchase, a notice of redemption, or a solicitation of an offer to purchase any of the 2026 notes.

Insights

Corporate debt analyst

Gray Media plans an early takeout of its 5.875% notes due 2026 at par plus interest.

Gray Media, Inc. has notified holders that it intends to redeem all of its 5.875% senior notes due 2026 on January 20, 2026. The notes will be taken out at 100.000% of their principal amount, plus accrued and unpaid interest to the redemption date, which is a standard make-whole structure for fixed-rate bonds.

This step eliminates this specific 5.875% 2026 maturity from the company’s capital structure once the redemption is completed. The disclosure also makes clear that this report itself is not an offer to purchase, a formal notice of redemption, or a solicitation to buy or sell the 2026 notes; those communications are handled through the separate notice of redemption sent to noteholders.

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 18, 2025 (December 18, 2025)

Gray Media, Inc.

(Exact Name of Registrant as Specified in Its Charter)

Georgia	001-13796	58-0285030
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

4370 Peachtree Road, NE, Atlanta, Georgia		30319
(Address of Principal Executive Offices)		(Zip Code)

404-504-9828

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each Class	Trading Symbols(s)	Name of each exchange on which registered
Class A common stock (no par value)	GTN.A	New York Stock Exchange
common stock (no par value)	GTN	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On December 18, 2025, Gray Media, Inc. (the “Company”) issued a notice of redemption to the holders of the Company’s 5.875% senior notes due 2026 (the “2026 Notes”), notifying such holders that the Company intends to redeem all of the 2026 Notes on January 20, 2026 (the “2026 Notes Redemption”). The 2026 Notes will be redeemed at 100.000% of the principal amount thereof, plus accrued and unpaid interest to the redemption date.

This Current Report on Form 8-K does not constitute an offer to purchase, a notice of redemption or a solicitation of an offer to purchase any of the 2026 Notes.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Gray Media, Inc.
December 18, 2025	By:	/s/ Jeffrey R. Gignac
		Name:	Jeffrey R. Gignac
		Title:	Executive Vice President and Chief Financial Officer

FAQ

What did Gray Media (GTN) announce about its 5.875% senior notes due 2026?

Gray Media, Inc. announced that it has issued a notice of redemption to holders of its 5.875% senior notes due 2026, stating that it intends to redeem all of these 2026 notes.

When will Gray Media redeem its 5.875% senior notes due 2026 and at what price?

The 5.875% senior notes due 2026 are scheduled to be redeemed on January 20, 2026 at 100.000% of their principal amount, plus accrued and unpaid interest to the redemption date.

Will all of Gray Medias 5.875% 2026 notes be redeemed?

Yes. Gray Media states that it intends to redeem all of its outstanding 5.875% senior notes due 2026 on the specified redemption date.

Does this disclosure constitute an offer to purchase Gray Medias 2026 notes?

No. The company explicitly states that this disclosure does not constitute an offer to purchase, a notice of redemption, or a solicitation of an offer to purchase any of the 2026 notes.

Which Gray Media securities are affected by the January 20, 2026 redemption?

The action applies to Gray Medias 5.875% senior notes due 2026. The companys Class A common stock (GTN.A) and common stock (GTN) listed on the New York Stock Exchange are not described as being affected in this disclosure.