Press release

TEGNA Announces Offering of Senior Notes

Sponsored by Businesswire

TEGNA Inc. (NYSE: TGNA) (the “Company”) announced today that it intends
to offer $1 billion of senior notes due 2028 in a private offering to
persons reasonably believed to be “qualified institutional buyers” as
defined in Rule 144A under the Securities Act of 1933, as amended (the
“Securities Act”), and outside the United States in reliance on
Regulation S under the Securities Act, subject to market and other
conditions. The notes will be guaranteed on a senior basis by certain
subsidiaries of the Company.

The Company intends to use the net proceeds to redeem a portion of its
outstanding senior notes and repay borrowings under its revolving credit

This press release does not constitute an offer to sell or the
solicitation of an offer to buy the notes or any other securities. The
notes and the related guarantees have not been and will not be
registered under the Securities Act or the securities laws of any other
jurisdiction and may not be offered or sold in the United States absent
registration or an applicable exemption from such registration

Certain statements in this press release may be forward looking in
nature or “forward-looking statements” as defined in the Private
Securities Litigation Reform Act of 1995. The forward-looking statements
contained in this press release are subject to a number of risks, trends
and uncertainties that could cause actual performance to differ
materially from these forward-looking statements. A number of those
risks, trends and uncertainties are discussed in the Company’s SEC
reports, including the Company’s annual report on Form 10-K and
quarterly reports on Form 10-Q. Any forward-looking statements in this
press release should be evaluated in light of these important risk

TEGNA is not responsible for updating the information contained in this
press release beyond the published date, or for changes made to this
press release by wire services, Internet service providers or other


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 62 television stations in 51
markets, TEGNA is the largest owner of top 4 affiliates in the top 25
markets among independent station groups, reaching approximately 39
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.