Nexstar Media (NXST) Refinances Credit Facilities
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Nexstar Media Group Refinances Credit Facilities
June 30, 2025 7:00 AM EDTRefinancing Extends Revolving Credit Facility and Term Loan Maturities and Reduces Interest Rate Margin
IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) (the Company) announced today that its wholly owned subsidiary, Nexstar Media Inc. (Nexstar), and Mission Broadcasting, Inc. (Mission), a variable interest entity of the Company, successfully completed refinancings of their revolving credit facilities, Term Loan A and Term Loan B in full. The refinancing extends maturities, provides expanded capacity under Nexstars revolver, reduces interest rate margin and further strengthens the Companys capital structure and financial... More
