Gannett Co., Inc. announced that the Company used proceeds of $44.4 million from real estate sales completed in the third quarter to reduce its first lien debt by $46.9 million. Approximately $16.0 million of the proceeds were used to repurchase approximately $18.5 million of 6.00% first lien notes due November 1, 2026 (the 2026 Senior Notes), representing a discount to par. The remaining $28.4 million of proceeds were used to repay amounts under its five-year senior secured term loan facility (the New Senior Secured Term Loan).
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5-day change | 1st Jan Change | ||
2.58 USD | 0.00% | -0.77% | +12.17% |
Mar. 26 | Gannett Co., Inc. Announces Further Debt Reduction | CI |
Feb. 22 | Transcript : Gannett Co., Inc., Q4 2023 Earnings Call, Feb 22, 2024 |
EPS Revisions
1st Jan change | Capi. | |
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+12.17% | 362M | |
+2.36% | 8.29B | |
+9.50% | 6.43B | |
+38.74% | 5.07B | |
+14.98% | 3.56B | |
+21.44% | 3.06B | |
+8.71% | 3B | |
-1.11% | 2.42B | |
+7.85% | 1.71B | |
+17.55% | 1.64B |
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