Wednesday, October 27, 2021

Gannett closes debt refinancing

Gannett has arranged some debt refinancing.

The details are available here

"This refinancing reduces our cost of capital by nearly 200 basis points, saving significant interest expense, while also improving upon the terms of our prior credit facility entered into in February 2021,” said Michael Reed, Gannett chairman and CEO. 

Gannett will release its third quarter 2021 financial results on Nov. 5.

News & Tech

No comments: