Lamar Advertising Company Credit Rating

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Date	Document Type	Title	Source
15 Feb 2018	Announcement	Moody's says Lamar's ratings are unchanged following the upsize of the term loan B	Moody's Investors Service
15 Feb 2018	Issuer Comment	Lamar Advertising Company: Lamar’s ratings are unchanged following the upsize of the term loan B	Moody's Investors Service
13 Feb 2018	Credit Opinion	Lamar Advertising Company: Update to Discussion of Key Credit Factors following term loan B issuance	Moody's Investors Service
13 Feb 2018	Rating Action	Moody's assigns Baa3 rating to Lamar's senior credit facility and new term loan B; existing senior notes downgraded to Ba2	Moody's Investors Service
11 Sep 2017	Credit Opinion	Lamar Advertising Company: Update to Discussion of Key Credit Factors	Moody's Investors Service
01 Sep 2016	Credit Opinion	Lamar Advertising Company: Update to Discussion of Key Credit Factors	Moody's Investors Service
07 Jan 2016	Announcement	Moody's says Lamar's acquisition of assets from Clear Channel Outdoor will not impact Lamar's Ba2 CFR	Moody's Investors Service
07 Jan 2016	Issuer Comment	Lamar Advertising Company: Lamar’s acquisition of assets from Clear Channel Outdoor will not impact Lamar’s Ba2 Corporate Family Rating	Moody's Investors Service
15 Sep 2015	LGD Assessment	Lamar Advertising Company	Moody's Investors Service
14 Sep 2015	Credit Opinion	Lamar Advertising Company	Moody's Investors Service
14 Sep 2015	Rating Action	Moody's upgrades Lamar Advertising's CFR to Ba2 from Ba3	Moody's Investors Service
22 Jun 2015	Credit Focus	Clear Channel, Lamar, OUTFRONT Media: Peer Comparison: Lamar Best Positioned With Local Advertising Outpacing National	Moody's Investors Service
16 Jun 2015	Rating Action	Moody's places ratings of 75 nonfinancial corporates on review for upgrade	Moody's Investors Service
26 Mar 2014	Rating Action	Moody's downgrades Lamar Media's $ 510 million Senior Unsecured Notes from Ba1 to Ba2 due to proposed new secured Term Loan; all other ratings affirmed	Moody's Investors Service
07 Jan 2014	Rating Action	Moody's assigns Lamar Media's new senior note a Ba1 rating; outlook stable	Moody's Investors Service
09 May 2013	Credit Focus	Clear Channel Outdoor and Lamar Advertising Company: Peer Comparison	Moody's Investors Service
25 Oct 2012	Rating Action	Moody's assigns Lamar Media's new note a B1 rating; outlook changed to Stable	Moody's Investors Service
25 Jun 2012	Special Comment	North American Media and Entertainment: An Arms Race: Limited Growth Spurs Rising Equity Returns Amid High Cash Levels	Moody's Investors Service
29 May 2012	Announcement	Moody's changes Lamar Advertising's rating outlook to Positive from Stable	Moody's Investors Service
26 Mar 2012	Special Comment	US Media Industry: Rebounding Auto Sales To Fuel Advertising Windfall	Moody's Investors Service
29 Sep 2010	LGD Assessment	Lamar Advertising Company	Moody's Investors Service
08 Apr 2010	Rating Action	Moody's assigns ratings to Lamar's new bank facility and subordinated notes	Moody's Investors Service
22 Apr 2009	Rating Action	Moody's says completion of Lamar's exchange offer does not impact ratings	Moody's Investors Service
22 Apr 2009	Issuer Comment	Lamar's ratings unaffected by completion of exchange offer	Moody's Investors Service
08 Apr 2009	Rating Action	Moody's changes Lamar Advertising's liquidity rating to SGL-2 from SGL-4; affirms Ba3 CFR	Moody's Investors Service
19 Mar 2009	Rating Action	Moody's Downgrades Lamar's CFR to Ba3; Rates New Sr Unsec Notes Ba3; Outlook Stable	Moody's Investors Service
23 Jan 2009	Rating Action	Moody's Downgrades Lamar's Speculative Grade Liquidity Rating to SGL-3	Moody's Investors Service
03 Oct 2007	LGD Assessment	Lamar Advertising Company	Moody's Investors Service
01 Oct 2007	Rating Action	Moody's Rates Lamar's New Sr. Sub. Notes Ba3	Moody's Investors Service
05 Mar 2007	Spec Grade Liquidity Assmt	Lamar Advertising Company	Moody's Investors Service
01 Mar 2007	Rating Action	Moody's Affirms Lamar's Ba2 CFR, Outlook Revised to Negative	Moody's Investors Service
26 Sep 2006	LGD Assessment	Lamar Advertising Company	Moody's Investors Service
21 Sep 2006	Rating Action	Moody's changes ratings on 31 US advertising and broadcasting companies under LGD methodology	Moody's Investors Service
29 Nov 2005	Leveraged Credit Analysis	Lamar Advertising Company	Moody's Investors Service
09 Aug 2005	Rating Action	MOODY'S ASSIGNS Ba1 RATINGS TO LAMAR'S NEW SR. SECURED CREDIT FACILITIES; ASSIGN Ba3 RATING TO NEW SR. SUB NOTES; AFFIRMS EXISTING RATINGS; OUTLOOK STABLE	Moody's Investors Service
27 Jan 2005	Corporate Governance Assmt	Lamar Advertising Company	Moody's Investors Service
20 Jul 2004	Leveraged Credit Analysis	Lamar Advertising Company	Moody's Investors Service
16 Jul 2004	Financial Reporting Assessment	Lamar Advertising Company	Moody's Investors Service
11 Nov 2003	Rating Action	MOODY'S UPDATES RATIONALE FOR LAMAR MEDIA'S SGL-1 SPECULATIVE GRADE LIQUIDITY RATING	Moody's Investors Service
17 Jul 2003	Rating Action	MOODY'S ASSIGNS LAMAR MEDIA A SGL-1 SPECULATIVE GRADE LIQUIDITY RATING	Moody's Investors Service
12 Jun 2003	Rating Action	MOODY'S ASSIGNS LAMAR ADVERTISING'S CONVERTIBLE NOTES B2 AND CONFIRMS EXISTING RATINGS; OUTLOOK STABLE	Moody's Investors Service
29 May 2003	Rating Action	MOODY'S ASSIGNS A Ba3 TO LAMAR MEDIA'S $125 MILLION ADD-ON SENIOR SUBORDINATED NOTES AND CONFIRMS ALL EXISTING RATINGS; OUTLOOK REMAINS STABLE	Moody's Investors Service
31 Jan 2003	Rating Action	MOODY'S ASSIGNS LAMAR MEDIA'S BANK FACILITIES Ba2; CONFIRMS EXISTING RATINGS	Moody's Investors Service
18 Dec 2002	Rating Action	MOODY'S RATES LAMAR SENIOR SUBORDINATED NOTES Ba3; OUTLOOK STABLE	Moody's Investors Service
20 Sep 2002	Rating Action	MOODY'S CONFIRMS LAMAR ADVERTISING RATINGS; OUTLOOK STABLE	Moody's Investors Service
02 Aug 1999	Rating Action	MOODY'S ASSIGNS A B2 RATING TO LAMAR ADVERTISING'S NEW CONVERTIBLE NOTES DUE 2006	Moody's Investors Service

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