Lamar Media Corp/DE Enters Material Definitive Agreement
| Field | Detail |
|---|---|
| Company | Lamar Media Corp/De |
| Form Type | 8-K |
| Filed Date | Oct 1, 2025 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.001, $400.0 million, $393.5 million, $150.0 m, $150.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, debt
TL;DR
Lamar Media Corp/DE just signed a big deal creating a new financial obligation.
AI Summary
On September 25, 2025, Lamar Media Corp/DE entered into a material definitive agreement related to a direct financial obligation. The filing details the creation of this obligation, which is a significant event for the company's financial structure. Further specifics on the agreement and its terms are provided within the filing.
Why It Matters
This filing indicates a new financial commitment or obligation for Lamar Media Corp/DE, which could impact its financial health and future investment strategies.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to debt, interest rates, and repayment terms.
Key Players & Entities
- LAMAR MEDIA CORP/DE (company) — Filer of the 8-K
- LAMAR ADVERTISING CO/NEW (company) — Related company entity
- 20250925 (date) — Date of the material definitive agreement
FAQ
What type of material definitive agreement did Lamar Media Corp/DE enter into?
The filing states that Lamar Media Corp/DE entered into a material definitive agreement that resulted in the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement.
When was this material definitive agreement entered into?
The agreement was entered into on September 25, 2025.
What is the primary purpose of this filing?
The primary purpose of this filing is to report the entry into a material definitive agreement and the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement by Lamar Media Corp/DE.
What are the SEC file numbers associated with Lamar Media Corp/DE and Lamar Advertising Co/New?
Lamar Media Corp/DE has SEC file number 001-12407, and Lamar Advertising Co/New has SEC file number 001-36756.
Where are Lamar Media Corp/DE and Lamar Advertising Co/New headquartered?
Both Lamar Media Corp/DE and Lamar Advertising Co/New have their business and mail addresses at 5321 Corporate Boulevard, Baton Rouge, LA 70808.
Filing Stats: 1,558 words · 6 min read · ~5 pages · Grade level 12.9 · Accepted 2025-10-01 16:05:38
Key Financial Figures
- $0.001 — which registered Class A common stock, $0.001 par value LAMR The NASDAQ Stock Mar
- $400.0 million — d an institutional private placement of $400.0 million in aggregate principal amount of 5.375%
- $393.5 million — roceeds to Lamar Media of approximately $393.5 million. The Notes were sold within the United
- $150.0 m — s outstanding Indebtedness in excess of $150.0 million, individually or in the aggregate
- $150.0 million — d for the payment of money in excess of $150.0 million (not covered by insurance) shall be ren
Filing Documents
- d97349d8k.htm (8-K) — 42KB
- d97349dex41.htm (EX-4.1) — 748KB
- 0001193125-25-226747.txt ( ) — 1054KB
- lamr-20250925.xsd (EX-101.SCH) — 45KB
- d97349d8k_htm.xml (XML) — 5KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 4.1 Indenture, dated as of September 25, 2025, among Lamar Media, the Guarantors named therein and U.S. Bank Trust Company, National Association, as Trustee (including the Form of Note and Guarantee as Exhibit A thereto). 104 Cover Page Interactive Data File - (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized. Date: October 1, 2025 LAMAR ADVERTISING COMPANY By: /s/ Jay L. Johnson Jay L. Johnson Executive Vice President, Chief Financial Officer, and Treasurer Date: October 1, 2025 LAMAR MEDIA CORP. By: /s/ Jay L. Johnson Jay L. Johnson Executive Vice President, Chief Financial Officer, and Treasurer