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SEC filingThe E.W. Scripps Company amended its credit agreement to extend the maturity of its $200 million revolving credit facility from July 7, 2027 to July 7, 2029.
The amendment provides The E.W. Scripps Company with extended liquidity through its primary revolving credit facility, pushing the $200 million commitment's maturity two years forward to July 7, 2029, which enhances financial flexibility amid ongoing operations. The smaller $8.0 million non-extended portion retains the original July 7, 2027 date, creating separate classes of commitments under the amended agreement. This extension was achieved via an Extension Offer under Section 2.28 of the original April 10, 2025 Credit Agreement, accepted by the 2026 Extending Revolving Credit Lenders, who constitute the Majority Initial Revolving Credit Lenders. Effectiveness required standard conditions like executed documents, officer certificates, legal opinions, solvency certification, and payment of fees to the Administrative Agent and lenders, ensuring no default exists and representations remain accurate.