Gray Media, Inc. announced today that it has increased its revolving accounts receivable securitization facility (AR Facility) by $100 million, bringing the aggregate commitments to $400 million. Concurrently, the maturity of the AR Facility has been extended from February 23, 2026, to March 31, 2028, providing longer-term financial flexibility.
The company also increased the commitments under its revolving credit facility (Revolver) by $20 million, resulting in aggregate commitments of $700 million. Both the AR Facility and the Revolver are available on a revolving basis, enhancing Gray’s total available liquidity by approximately $120 million.
These financing moves strengthen Gray Media's balance sheet and provide additional capital resources for operational needs and strategic initiatives. The extended maturities and increased commitments underscore the company's focus on maintaining robust financial flexibility in the current market environment.
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