GREY

RTNDA Awards 78 Regional Edward R. Murrow Awards to 35 Gray Television Stations

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월요일, 6월 3, 2024

ATLANTA, June 03, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that the Radio Television Digital News Association (RTDNA) awarded a combined 78 regional Edward R. Murrow awards for excellence in journalism to 35 of Gray’s local stations, led by nine separate awards to WVUE in New Orleans, Louisiana, and six to Hawaii News Now in Honolulu, Hawaii.

Key Points: 
  • ATLANTA, June 03, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that the Radio Television Digital News Association (RTDNA) awarded a combined 78 regional Edward R. Murrow awards for excellence in journalism to 35 of Gray’s local stations, led by nine separate awards to WVUE in New Orleans, Louisiana, and six to Hawaii News Now in Honolulu, Hawaii.
  • Six awards for Digital/Online Coverage to WANF in Atlanta; WKYT in Lexington, Kentucky; WSAW in Wausau, Wisconsin; WTVG in Toledo; Hawaii News Now in Honolulu; and KTUU in Anchorage.
  • Three awards for Best Newscast to KCRG in Cedar Rapids; KMOV in St. Louis, Missouri; and KPTV in Portland, Oregon.
  • She added, “Many thanks to all of Team Gray for what you do to serve your community each day.

Gray Announces Closing of Offering of $1.25 Billion of 10.500% Senior Secured First Lien Notes due 2029

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월요일, 6월 3, 2024

Atlanta, June 03, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that it has completed its previously announced offering of $1.25 billion aggregate principal amount of 10.500% senior secured first lien notes due 2029 (the “Notes”).

Key Points: 
  • Atlanta, June 03, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that it has completed its previously announced offering of $1.25 billion aggregate principal amount of 10.500% senior secured first lien notes due 2029 (the “Notes”).
  • The Notes were issued at par.
  • The Notes are guaranteed, jointly and severally, by each existing and future restricted subsidiary of Gray that guarantees Gray’s existing senior credit facility.
  • Interest on the Notes accrues from June 3, 2024 and is payable semiannually, on January 15 and July 15 of each year, commencing January 15, 2025.

Gray Names Greg Connor as General Manager of WRDW and WAGT in Augusta, Georgia

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목요일, 5월 30, 2024

ATLANTA, May 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today announced that Greg Connor will join Gray as the next General Manager of WRDW (CBS) and WAGT (NBC) in Augusta, Georgia, on June 3, 2024.

Key Points: 
  • ATLANTA, May 30, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) today announced that Greg Connor will join Gray as the next General Manager of WRDW (CBS) and WAGT (NBC) in Augusta, Georgia, on June 3, 2024.
  • He will succeed Mike Oates, who is retiring after 33 years at the stations, including the last 7 years as General Manager.
  • Greg has more than 20 years of experience in the media business, most recently as the General Manager at WACH in Columbia, South Carolina.
  • “I love having the opportunity to work with great teammates and clients, while being actively involved in the community,” Greg explained.

McEwen Mining: Grey Fox Exploration Update Extending the Production Pipeline: Good Grades Near Surface, Potential at Depth

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월요일, 5월 27, 2024

TORONTO, May 27, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to provide new assay results from the Grey Fox deposit, part of our Fox Complex. The results in Table 1 demonstrate intriguing explorations targets at depth and attractive near surface gold grades with potential to be recovered utilizing lower cost open pit mining methods.

Key Points: 
  • Gold at Grey Fox has been found in multiple zones, including Gibson, Whiskey-Jack, 147 and Grey Fox South (GFS).
  • Geological interpretations suggest that Grey Fox sits stratigraphically above the mineralization of the Black Fox & Froome mines.
  • Consequently, there is potential for deeper Black Fox & Froome style mineralization directly below some of the Grey Fox zones.
  • The A1 fault is interpreted to extend from Black Fox south to Grey Fox and may mark the boundary between shallow Grey Fox style mineralization and deeper-seated Black Fox style mineralization.

Gray Announces Upsizing and Pricing of $1.25 Billion of 10.500% Senior Secured First Lien Notes due 2029

Retrieved on: 
목요일, 5월 23, 2024

ATLANTA, May 23, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today the pricing of its previously announced private offering of $1.25 billion aggregate principal amount of 10.500% senior secured first lien notes due 2029 (the “Notes”).

Key Points: 
  • ATLANTA, May 23, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today the pricing of its previously announced private offering of $1.25 billion aggregate principal amount of 10.500% senior secured first lien notes due 2029 (the “Notes”).
  • The offering of the Notes is expected to close on June 3, 2024, subject to customary closing conditions and the closing of the refinancing of its senior credit facility.
  • The Notes will be guaranteed, jointly and severally, by each existing and future restricted subsidiary of Gray that guarantees Gray’s existing senior credit facility.
  • This notice is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

Gray Announces Private Offering of Senior Secured Notes

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월요일, 5월 20, 2024

ATLANTA, May 20, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that it intends to offer up to $1 billion aggregate principal amount of senior secured first lien notes due 2029, subject to market conditions.

Key Points: 
  • ATLANTA, May 20, 2024 (GLOBE NEWSWIRE) -- Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that it intends to offer up to $1 billion aggregate principal amount of senior secured first lien notes due 2029, subject to market conditions.
  • The offering will be exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”).
  • The closing of this offering of notes is conditioned on the closing of the Credit Agreement Refinancing, and the closing of the Credit Agreement Refinancing is conditioned on the closing of this offering.
  • The notes will be guaranteed, jointly and severally, by each existing and future restricted subsidiary of Gray that guarantees Gray’s existing senior credit facility.

Gray Television Commences Cash Tender Offer for Its 5.875% Senior Notes Due 2026

Retrieved on: 
월요일, 5월 20, 2024

The Total Consideration includes the early tender premium for the Notes of $30.00 per $1,000.00 principal amount of Notes tendered (the “Early Tender Premium”).

Key Points: 
  • The Total Consideration includes the early tender premium for the Notes of $30.00 per $1,000.00 principal amount of Notes tendered (the “Early Tender Premium”).
  • Holders of the Notes who validly tender their Notes after the Early Tender Date but at or prior to the expiration of the Tender Offer will be eligible to receive $970.00 per $1,000.00 principal amount of Notes tendered (the “Tender Offer Consideration”).
  • The obligation of Gray to accept for purchase, and to pay for, any Notes validly tendered pursuant to the Tender Offer is conditioned upon Gray raising funds for the purpose of financing the Tender Offer that is sufficient to pay the aggregate Tender Offer Consideration, including payment of accrued and unpaid interest with respect to all Notes and related costs and expenses (regardless of the amount of Notes tendered pursuant to the Tender Offer) on terms and conditions acceptable to Gray, in its sole discretion.
  • Holders of the Notes must make their own decision as to whether to tender Notes and, if so, the principal amount of the Notes to tender.

Gray Television Announces Commencement of Proposed $1.6 Billion Refinancing Process and a Further Increase to its Revolving Credit Facility

Retrieved on: 
수요일, 5월 15, 2024

In addition, Gray announced that it has received commitments to increase its revolving credit facility maturing on December 31, 2027, from $552.5 million to $680 million.

Key Points: 
  • In addition, Gray announced that it has received commitments to increase its revolving credit facility maturing on December 31, 2027, from $552.5 million to $680 million.
  • Upon closing of this upsized revolver, Gray intends to terminate a separate $72.5 million revolving credit facility maturing on December 1, 2026.
  • The terms of the proposed refinancing transactions will be disclosed upon completion of the transactions.
  • The proposed refinancings will be subject to market and customary closing conditions, and no assurance can be provided about the timing, terms, or interest rate associated with the planned refinancing, or that the refinancing transactions will be completed.

Using AI to Drive Growth and Efficiency in Higher Education: Gray DI Launches AI Reports for Academic Program Evaluation

Retrieved on: 
수요일, 5월 8, 2024

Gray Decision Intelligence (Gray DI), the leading provider of academic program evaluation software, today launched AI Reports: easy-to-understand text reports that summarize dozens of metrics on the markets for academic programs.

Key Points: 
  • Gray Decision Intelligence (Gray DI), the leading provider of academic program evaluation software, today launched AI Reports: easy-to-understand text reports that summarize dozens of metrics on the markets for academic programs.
  • Gray DI gathers and analyzes data on student demand, employment, and competitive intensity for over 1,500 academic programs (CIP codes).
  • AI Reports generates straightforward text reports that offer practical insights into the markets for academic programs.
  • During the webinar, Gray DI will also share how AI Reports will be used in other applications to distill complex financial data into easy-to-understand text reports.

Knife River Corporation Reports First Quarter Financial Results

Retrieved on: 
화요일, 5월 7, 2024

For more information on all non-GAAP measures and a reconciliation to the nearest GAAP measure, see the section entitled "Non-GAAP Financial Measures."

Key Points: 
  • For more information on all non-GAAP measures and a reconciliation to the nearest GAAP measure, see the section entitled "Non-GAAP Financial Measures."
  • A seasonal loss in the first quarter is typical for our business, as construction activity in many of our northern markets doesn't ramp up until the second quarter.
  • "Additionally, on April 3, Knife River acquired a small ready-mix operation in South Dakota, providing infill growth between our successful Sioux Falls and Yankton locations.
  • This was Knife River’s 85th acquisition and we expect it to be a sign of more deals to come.