News & Events

News & Events

Feb 6, 2020

Lamar Advertising Company Announces Completion of Refinancing Transactions & 2020 Distribution Plan

Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, today announced that it has completed $2.35 billion in refinancing transactions through its wholly owned subsidiary, Lamar Media Corp. (“Lamar Media”), strengthening its balance sheet.

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Jan 23, 2020

Lamar Advertising Company Prices Private Offering of Senior Notes

Lamar Advertising Company (Nasdaq: LAMR) announced today that its wholly owned subsidiary, Lamar Media Corp., has agreed to sell $1.0 billion in aggregate principal amount of new senior notes (the “Notes”) consisting of (i) $600.0 million in aggregate principal amount of 3 3/4% Senior Notes due 2028 and (ii) $400.0 million in aggregate principal amount of 4% Senior Notes due 2030 through an institutional private placement.

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