Gannett reduces debt at a discount

Posted Wednesday, March 27, 2024 10:51 am

Ray Schultz | MediaPost

Gannett is repurchasing approximately $13 million of 6% first lien notes due on Nov. 1, 2026, for roughly $12 million, the company announced on Tuesday.

This transaction involving the newspaper publisher is expected to close on Thursday.

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Gannett reduces debt at a discount

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