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Stock impact report

Gannett Announces Closing of Refinancing Transactions and Early Settlement of Exchange Offer and Consent Solicitation

Gannett Co., Inc. (GCI) 
Last gannett co., inc. earnings: 11/4 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.gannett.com
Company Research Source: Business Wire
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) announced today the initial closing of its previously announced debt refinancing transactions that extend our debt maturities and significantly reduce future dilution from the Company’s 6.000% Senior Secured Convertible Notes due 2027 (the “2027 Convertible Notes”).“We are pleased to announce the successful closing of our refinancing transactions, which mark an important step in strengthening Gannett's capital structure,” said Michael Reed, Chairman and Chief Executive Officer. “This achievement extends our debt maturities, reduces future dilution from the 2027 Convertible Notes, and provides us with increased financial flexibility. We believe these actions create a strong foundation for continued execution of our strategy and position us to unlock further value for our shareholders as we drive growth and transformation in the years ahead.”Senior Notes Exchange Offer and Consent Show less Read more
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