Gray Television, Inc., founded in 1897 and headquartered in Atlanta, Georgia, is a leading television broadcasting company dedicated to serving communities with quality local news and entertainment. The company operates a robust portfolio of television stations and is recognized for its commitment to high-quality broadcasting, producing and distributing a wide range of news segments, sports programming, and original content.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GTN 5.88% 2026-07-15 USDGray Television, Inc. | United States | 2026-07-15 | 5.875 | 6.45 |
| GTN 5.88% 2026-07-15 USDGray Television, Inc. | United States | 2026-07-15 | 5.875 | 6.45 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Gray Television has actively engaged in the bond market since the 1990s, with significant issuances aimed at financing acquisitions and expanding its channel offerings. Notably, a $1 billion bond issuance in 2020 was pivotal in financing the acquisition of Raycom Media, underscoring the company's growth strategy. Currently, Gray's bonds offer yields that are competitive within the media sector, reflecting investor confidence despite industry volatility. Recent news also indicates a focus on refinancing efforts to optimize capital structure and improve overall financial flexibility.