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MediaCo Extends Term Loan Maturity to November 30


MediaCo
MediaCo

MediaCo Holding Inc. has extended the maturity of its delayed-draw term loans from October 31 to November 30, 2026, subject to provisions that could require earlier repayment. The company disclosed the November 2 amendment to its first-lien credit agreement in a Form 8-K filed with the Securities and Exchange Commission.

Under the amendment, the loans could come due earlier if their maturity is accelerated or deemed accelerated. They could also come due 91 days before the maturity of other outstanding debt that exceeds a threshold specified in the credit agreement.

WhiteHawk Capital Partners LP, the administrative and collateral agent, acknowledged that certain defaults or events of default had occurred and were continuing. WhiteHawk and the lenders reserved all rights and remedies under the credit agreement and related loan documents.

MediaCo and the other loan parties reaffirmed their obligations and the security interests granted under the loan documents. They also released WhiteHawk and the lenders from known claims arising on or before the amendment date.

MediaCo expects to file the full amendment as an exhibit to its annual report on Form 10-K for the fiscal year ending December 31, 2026.

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