LLL

Lamar Media Corp. 3.625% 15-JAN-2031

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Overview
Analysis

LAMR5237870 analysis



Key facts


Issuer
Lamar Media Corp.
Issue date
Sep 2, 2021
Maturity date
Jan 15, 2031
Outstanding amount
‪550.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.63% (Fixed)
Yield to maturity
5.58%
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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