Beasley Broadcasting Group (BBGI) Commences Notes Offering

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Go back to Beasley Broadcasting Group (BBGI) Commences Notes Offering

Beasley Broadcast Group Commences Notes Offering

January 19, 2021 7:25 AM EST

NAPLES, Fla., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (the Company), a multi-platform media company, announced that its wholly owned subsidiary, Beasley Mezzanine Holdings, LLC (the Issuer), intends to offer $280.0 million in aggregate principal amount of senior secured notes (the Notes), subject to market and other conditions, to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act), and outside the United States in compliance with Regulation S under the Securities Act.

The Notes are expected to be fully and... More