Beasley Broadcast Group Announces Expiration of Exchange Offer, Tender Offer and Consent Solicitation and Acceptance of Approximately 98.4% of Outstanding Notes
Beasley Broadcast Group, Inc. - Class A (BBGI)
US:NASDAQ Investor Relations:
bbgi.com/investors-2
Company Research
Source: GlobeNewswire
NAPLES, Fla., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (the “Company”), a multi-platform media company, today announces the expiration and final results of its previously announced offers (the “Offers”) including (i) an exchange offer (the “Exchange Offer”) of the Company’s existing 8.625% Senior Secured Notes due 2026 (the “Existing Notes”), (ii) a cash offer to purchase up to $68.0 million of Existing Notes at a purchase price of 62.5% (the “Tender Offer”), (iii) a new notes offer (the “New Notes Offer”) of $30.0 million aggregate principal amount of 11.000% Superpriority Senior Secured Notes due August 1, 2028 (the “New Notes”), and (iv) the solicitation of consents (the “Consent Solicitation”) of the terms and conditions set forth in the Exchange Offer Memorandum (the “Exchange Offer Memorandum”). Caroline Beasley, Chief Executive Officer of the Company, said, “We are incredibly pleased with the outcome of our Exchange Offer and Tender Of
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High impacting Beasley Broadcast Group, Inc. - Class A news events
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BBGI
News
- Beasley Broadcast Group Reports Third Quarter Revenue of $58.2 MillionGlobeNewswire
- Beasley Broadcast Group, Inc. (NASDAQ: BBGI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Beasley Broadcast Group to Report 2024 Third Quarter Financial Results, Host Conference Call and Webcast on November 5 [Yahoo! Finance]Yahoo! Finance
- Beasley Broadcast Group to Report 2024 Third Quarter Financial Results, Host Conference Call and Webcast on November 5GlobeNewswire
- Beasley Broadcast Group, Inc. (NASDAQ: BBGI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
BBGI
Earnings
- 11/5/24 - Miss
BBGI
Sec Filings
- 11/5/24 - Form 8-K
- 11/4/24 - Form 3
- 10/25/24 - Form 8-K
- BBGI's page on the SEC website