Beasley Broadcast Group, Inc completes the exchange offer and offer to purchase that will eliminate about half of its current $220 million in debt. 
Holders of the company’s existing 9.200% Senior Secured Second Lien Notes due 2028 agreed to exchange them for newly issued 10.000% Senior Secured Second Lien PIK Notes due 2027 at an exchange ratio of 50 cents on the dollar. On March 30, Beasley completed the purchase of $15.9 million aggregate principal amount of Existing First Lien Notes, and $15 million aggregate principal amount of the Existing First Lien Notes remains outstanding.
MONDAY, MARCH 23, 2026
