Nexstar sells $1.725 billion of 7.250% senior notes due 2034 to refinance 2027 debt
Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, completed a private offering of $1.725 billion in 7.250% Senior Notes due April 15, 2034. The proceeds will fund the redemption of its 5.625% Senior Notes due 2027 and pay related fees and expenses. The filing describes new debt obligations and covenants but does not report earnings or guidance changes.
Key points
- Principal amount: $1.725 billion of 7.250% Senior Notes due April 15, 2034, issued April 2, 2026
- Proceeds to redeem the Issuer's 5.625% Senior Notes due 2027 and pay fees and expenses
- Interest paid semiannually on April 15 and October 15, starting October 15, 2026
- Notes are senior unsecured, guaranteed by Nexstar Media Group, Inc. and Mission Broadcasting, Inc.; indenture limits debt, dividends and asset sales
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.