Marlayne Pereiro's questions to Tegna Inc (TGNA) leadership • Q4 2024
Question
Marlayne Pereiro asked about TEGNA's strategy for its 2026 bonds, specifically whether the company would pay them down with cash or maintain liquidity for potential M&A opportunities.
Answer
CFO Julie Heskett confirmed TEGNA has the cash to pay off the 2026 bonds but is balancing this with its shareholder return commitments and a desire to remain flexible for compelling strategic growth opportunities. CEO Mike Steib added that the final decision will depend on how the interest rate and strategic landscapes evolve.