Lamar Media’s US$535m drawn debt shows shift for cash in US leveraged loans [Reuters]

Lamar Advertising Company - Class A (LAMR)
Last lamar advertising company - class a earnings: 2/20 06:00 am
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Source: Reuters
Lamar Media’s US$535m drawn debt shows shift for cash in US leveraged loans NEW YORK, April 6 (LPC) - What a difference a month makes. Through the first week of March, US companies looking to slash borrowing costs rushed to the leveraged loan market to find yield-hungry investors willing to accept lower prices if only to have an opportunity to put money to work. That momentum quickly vanished, as the fast-spreading coronavirus battered financial markets and brought new syndicated transactions to a dramatic halt. Borrowers, wary of the virus’ impact on revenues and memories of banks’ 2008 liquidity crunch, soon moved from opportunistic debt reduction exercises to a dash-for-cash with companies across industries drawing on credit lines or si
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LAMR
News
- Lamar Advertising (NASDAQ: LAMR) had its price target raised by analysts at Citigroup Inc. from $121.76 to $128.00. They now have a "neutral" rating on the stock.MarketBeat
- https://seekingalpha.com/article/4761174-lamar-advertising-pullback-provides-opportunity [Seeking Alpha]Seeking Alpha
- Lamar Advertising (NASDAQ: LAMR) had its price target lowered by analysts at JPMorgan Chase & Co. from $129.00 to $126.00. They now have a "neutral" rating on the stock.MarketBeat
- Lamar Advertising Co (LAMR) Q4 2024 Earnings Call Highlights: Strong Revenue Growth and ... [Yahoo! Finance]Yahoo! Finance
- Lamar Advertising to appear at the Morgan Stanley Technology, Media and Telecom Conference [Yahoo! Finance]Yahoo! Finance
LAMR
Earnings
- 2/20/25 - Beat
LAMR
Sec Filings
- 2/24/25 - Form 4
- 2/20/25 - Form 8-K
- 2/19/25 - Form 8-K
- LAMR's page on the SEC website