Beasley Hits Pause: Extends the “Note” Worthy Exchange Deadline. Beasley Broadcast Group Inc. has extended the deadlines for its exchange offer, tender offer, and new notes offering to October 4, 2024, at 5:00 pm ET , with the settlement date moved to October 8, 2024. This extension follows a request from key holders of the company’s existing 8.625% Senior Secured Notes due in 2026 to adjust their participation in the offers. As of yesterday (9/30), about 93% of the outstanding notes were submitted for exchange or tender. The offers are detailed in the Exchange Offer Memorandum and its supplements, available to existing note-holders. The company emphasizes that this announcement does not constitute an offer to buy or sell any securities, and only eligible institutional buyers can participate. The extension aims to finalize changes to existing holders’ participation without altering the total number of notes tendered or exchanged.
John Catsimatidis is this Week’s Guest on Harrison Podcast. WABC, New York owner/CEO John Catsimatidis is this week’s guest on the award-winning PodcastOne series, “The Michael Harrison Interview.” The fascinating conversation between the two seasoned media dynamos was repurposed for the audio-only platform from its original configuration as a video presentation on the TALKERSMEDIA YouTube channel. Harrison and Catsimatidis talk about a wide array of issues – past present and future – touching upon radio, media, real estate, sports, energy, and inflation. Don’t miss this! To listen to the podcast, click here. To watch the video version, click here.