TYSONS, Va.--(BUSINESS WIRE)--TEGNA Inc. (NYSE: TGNA) announced today that it has priced its previously announced offering of senior notes due 2029.

The face value of the Notes is $1.1 billion, with an interest rate of 5.000%. The Notes were priced at 100% of face value. Subject to certain exceptions, the Notes may not be redeemed by the Company prior to September 15, 2024. The Notes will be guaranteed on a senior basis by certain subsidiaries of the Company.

About TEGNA

TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. With 51 television stations and four radio stations in 43 markets, TEGNA is the largest owner of top 4 affiliates in the top 25 markets, reaching over 35 percent of all television households nationwide. TEGNA also owns leading multicast networks Justice Network and Quest. TEGNA Marketing Solutions (TMS) offers innovative solutions to help businesses reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA’s OTT advertising service.