Item 7.01. Regulation FD Disclosures. In connection with the Proposed Offering (as defined below),Lamar Media Corp. disclosed that, as ofNovember 30, 2020 , it had approximately$120.0 million in cash and cash equivalents.Lamar Media Corp. also disclosed that$70.0 million of borrowings outstanding under its revolving senior credit facility as ofSeptember 30, 2020 were subsequently repaid prior toNovember 30, 2020 . Item 8.01. Other Events. OnJanuary 7, 2021 ,Lamar Advertising Company issued a press release announcing a proposed institutional private placement of$550.0 million of senior notes ofLamar Media Corp. (the "Proposed Offering"). A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein in accordance with Rule 135c of the Securities Act of 1933, as amended. * * * This Current Report on Form 8-K contains forward-looking statements, including regarding the Proposed Offering. These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those results indicated in the forward-looking statements are uncertainties relating to market conditions for corporate debt securities generally and for the securities of advertising companies and forLamar Media in particular. This Current Report on Form 8-K is neither an offer to sell nor a solicitation of an offer to buy the senior notes. Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release ofLamar Advertising Company datedJanuary 7, 2021 104 Cover Page Interactive Data File - (embedded within the Inline XBRL document)
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