Gannett Co Inc.’s board authorized a share buyback of up to $100 million. Gannett’s existing five-year senior secured credit agreement will provide for an incremental term loan not exceeding $50 million and transition the interest rate base from LIBOR to Term SOFR due to regulatory requirements. The existing and incremental loans under the Credit Agreement will now…
Gannett Launches Share Buyback up to $100 Million; Amends Credit Agreement
US News
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