Key Takeaways Lamar raised $400M from 5.375% Senior Notes due 2033 via private placement.The company secured a new $700M Term-Loan B, replacing debt due in 2027.Refinancing enhances liquidity and improves Lamar's debt maturity profile.Lamar Advertising Company (LAMR) announced that it has completed refinancing transactions totaling $1.1 billion via its wholly owned subsidiary, Lamar Media Corp. The move will aid the balance sheet strength required for future growth endeavors.The transactions comprised the s ...

BATON ROUGE, La., Sept. 22, 2025 (GLOBE NEWSWIRE) -- Lamar Advertising Company (Nasdaq: LAMR) announced today that its wholly owned subsidiary, Lamar Media Corp. ‎(“Lamar Media”)‎, has agreed to sell $400.0 million in aggregate principal amount of 5.375% Senior Notes due 2033 (the “Notes”) through an institutional private placement. The Notes will be guaranteed on a senior unsecured basis by substantially all of Lamar Media’s domestic subsidiaries. The proceeds, after the payment of fees and expenses, to La ...