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Stocks•29 April 2026•

1 min read

Beasley Broadcast Group Secures 100% Consent in Successful Bond Exchange Offer

Key Facts

1Beasley Broadcast Group received 100% consent from existing first lien noteholders to amend the indenture terms.

299.53% of outstanding existing second lien notes were accepted in the company's exchange offer.

3The offer included a cash purchase of up to $15,899,000 of 11.000% senior secured first lien notes due 2028.

Beasley Broadcast Group (BBGI) has announced the expiration and final results of its exchange offer and consent solicitations, achieving a significant milestone with 100% consent from existing first lien noteholders. The company confirmed that 99.53% of outstanding second lien notes were accepted in the exchange offer, demonstrating overwhelming creditor support for the restructuring. As part of the transaction, the company executed a cash purchase of up to $15,899,000 of its 11.000% senior secured first lien notes due 2028. This strategic debt restructuring is designed to optimize the company's balance sheet and mitigate immediate liquidity risks. The high participation rates reflect strong investor confidence in Beasley's financial management within the media sector. These results provide the company with enhanced operational flexibility and a more sustainable debt maturity profile.