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Graham to Offer $500 Million of Senior Notes, Boost Credit Facility to $400 Million
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Graham to Offer $500 Million of Senior Notes, Boost Credit Facility to $400 Million
Nov 12, 2025 6:31 AM

08:50 AM EST, 11/12/2025 (MT Newswires) -- Graham Holdings ( GHC ) said Wednesday it plans to launch a $500 million private offering of senior unsecured notes due 2033.

The company said it also intends to amend and restate its revolving credit facility, increasing total commitments to $400 million.

Graham said it intends to use the net proceeds from the offering, together with the borrowings under the amended revolving credit facility, to redeem all of its outstanding 5.750% notes due 2026, refinance outstanding revolving loans under the existing revolving credit facility, and repay all amounts outstanding under its existing $150 million term loan facility.

Graham shares were 0.8% higher in premarket trading.

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