LLL

Lamar Media Corp. 3.625% 15-JAN-2031

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Overview
Analysis

Key terms


Outstanding amount
‪550.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.63% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.58%
Maturity date
Jan 15, 2031
Term to maturity
6 years

About Lamar Media Corp. 3.625% 15-JAN-2031


Issuer
Lamar Media Corp.
Sector
Commercial Services
Industry
Advertising/Marketing Services
Issue date
Sep 2, 2021
FIGI
BBG0121DFXS5
Lamar Media Corp. provides outdoor advertising services. It leases advertising space on billboards, such as bulletins, which are located on highways and target vehicular traffic, and digital billboards and posters located on traffic arteries and city streets, and target vehicular and pedestrian traffic. The company was founded in 1902 and is headquartered in Baton Rouge, LA.
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