Scripps announces a series of transactions to refinance its revolver and 2026, 2028 term loans
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The E.W. Scripps Company (NASDAQ: SSP) has entered into a transaction support agreement with lenders to refinance its tranche B-2 and B-3 term loans due in 2026 and 2028.
March 11, 2025 | 8:30 pm
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E.W. Scripps has secured a transaction support agreement with over 70% of its lenders to refinance its term loans due in 2026 and 2028, which could improve its financial stability.
The refinancing agreement indicates strong lender support and could improve Scripps' financial position by addressing upcoming debt maturities, which is positive for the company's short-term outlook.
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RELEVANCE 100