Lamar Advertising has sweetened its offer to buy back all of its outstanding 2.875% interest convertible notes due next year to retire nearly $133.6 million in debt. Lamar is now offering $977.50 for each $1,000 principal amount of notes. That’s up from the initial $960 offer the company put forth earlier this month. The offer now expires July 14.
Lamar raises offering to buy back debt
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