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OUTFRONT Media Announces Pricing of Senior Unsecured Notes Offering

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NEW YORK, June 3, 2026 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) today announced that two of its wholly-owned subsidiaries priced a private offering of $500.0 million in aggregate principal amount of 6.000% Senior Notes due 2034 (the “notes”). The notes will be sold at an issue price of 100.0% of the principal amount. The offering is expected to close on June 12, 2026, subject to customary closing conditions.

OUTFRONT Media intends to use the net proceeds from the notes offering, along with borrowings under its accounts receivable securitization facility and cash on hand, to redeem all of its outstanding 5.000% Senior Notes due 2027 (the “2027 notes”) and to pay accrued and unpaid interest on the 2027 notes, if any, to, but excluding, the redemption date, and to pay fees and expenses in connection with the notes offering and the 2027 notes redemption.

The notes will be guaranteed on a senior unsecured basis by OUTFRONT Media Inc. and each of its direct and indirect subsidiaries that guarantees its senior credit facilities.

The notes were offered and will be sold in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act. The notes have not been, and will not be, registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the notes, nor shall there be any sale of the notes in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. This press release does not constitute a notice of redemption with respect to the 2027 notes.

Cautionary Statement Regarding Forward-Looking Statements
OUTFRONT Media Inc. (“we” or “our”) has made statements in this press release that are forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the use of forward-looking terminology such as “will,” “intends,” or “expects,” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. You can also identify forward-looking statements by discussions of strategy, plans or intentions related to our capital resources, portfolio performance and results of operations. Forward-looking statements involve numerous risks and uncertainties, and you should not rely on them as predictions of future events. Forward-looking statements depend on assumptions, data or methods that may be incorrect or imprecise and may not be able to be realized. We do not guarantee that the transactions and events described will happen as described (or that they will happen at all). The following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward-looking statements: our ability to consummate the notes offering and the 2027 notes redemption; declines in advertising and general economic conditions; competition; government regulation; our ability to operate our digital display platform; losses and costs resulting from recalls and product liability, warranty and intellectual property claims; our ability to obtain and renew key municipal contracts on favorable terms; taxes, fees and registration requirements; decreased government compensation for the removal of lawful billboards; content-based restrictions on outdoor advertising; seasonal variations; acquisitions and other strategic transactions that we may pursue could have a negative effect on our results of operations; dependence on our management team and other key employees; experiencing a cybersecurity incident; changes in regulations and consumer concerns regarding privacy, information security and data, or any failure or perceived failure to comply with these regulations or our internal policies; asset impairment charges for our long-lived assets and goodwill; environmental, health and safety laws and regulations; expectations relating to environmental, social and governance considerations; our substantial indebtedness; restrictions in the agreements governing our indebtedness; incurrence of additional debt; interest rate risk exposure from our variable-rate indebtedness; our ability to generate cash to service our indebtedness; cash available for distributions; hedging transactions; the ability of our board of directors to cause us to issue additional shares of stock without common stockholder approval; certain provisions of Maryland law may limit the ability of a third party to acquire control of us; our rights and the rights of our stockholders to take action against our directors and officers are limited; our failure to remain qualified to be taxed as a real estate investment trust (“REIT”); REIT distribution requirements; availability of external sources of capital; we may face other tax liabilities even if we remain qualified to be taxed as a REIT; complying with REIT requirements may cause us to liquidate investments or forgo otherwise attractive investments or business opportunities; our ability to contribute certain contracts to a taxable REIT subsidiary (“TRS”); our planned use of TRSs may cause us to fail to remain qualified to be taxed as a REIT; REIT ownership limits; complying with REIT requirements may limit our ability to hedge effectively; the ability of our board of directors to revoke our REIT election at any time without stockholder approval; the Internal Revenue Service may deem the gains from sales of our outdoor advertising assets to be subject to a 100% prohibited transaction tax; establishing operating partnerships as part of our REIT structure; and other factors described in our filings with the Securities and Exchange Commission (the “SEC”), including but not limited to the section entitled “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 26, 2026. All forward-looking statements in this press release apply as of the date of this press release or as of the date they were made and, except as required by applicable law, we disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events, or other changes.

About OUTFRONT Media Inc.
OUTFRONT is one of the largest and most trusted out-of-home media companies in the U.S., helping brands connect with audiences in the moments and environments that matter most. As OUTFRONT evolves, it’s defining a new era of in-real-life (IRL) marketing, turning public spaces into platforms for creativity, connection, and cultural relevance. With a nationwide footprint across billboards, digital displays, transit systems, and other out-of-home formats, OUTFRONT turns creative into powerful real-world experiences. Its in-house agency, OUTFRONT STUDIOS, and award-winning innovation team, XLabs, deliver standout storytelling, supported by advanced technology and data tools that can drive measurable impact.

Contacts:

Investors:                                                       

Media:

 Stephan Bisson                                               

Courtney Richards

(212) 297-6573                                             

(646) 876-9404

stephan.bisson@outfront.com                       

courtney.richards@outfront.com 

 

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SOURCE OUTFRONT Media Inc.

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Safe2core Expands AI-Optimized Subsurface Risk-Management & Construction Knowledge Strategy as AI Search Transforms the Construction Industry

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New AI search visibility research reveals growing demand for utility locating, potholing, concrete scanning, BIM documentation, laser scanning, and underground infrastructure verification workflows

SAN JOSE, Calif., June 3, 2026 /PRNewswire/ — Safe2core announced today that the company is expanding its AI-search-optimized subsurface risk-management and construction education strategy as contractors, engineers, architects, facility managers, municipalities, and property owners increasingly use AI systems like Google AI Overviews, ChatGPT, Claude, Gemini, and Perplexity to research utility locating, concrete scanning, potholing, hydro excavation, BIM workflows, construction safety practices, and underground infrastructure coordination.

The company recently analyzed AI visibility trends, semantic retrieval behavior, and construction search patterns surrounding:

underground utility locatingconcrete scanningutility verificationpotholing and hydro excavationconcrete cutting and coringBIM and CAD utility documentationrebar scanning3D laser scanningdigital construction workflowsutility strike preventionSubsurface Utility Engineering (SUE)infrastructure risk managementoccupied-facility construction safety

According to Safe2core, the findings reinforce a major shift occurring across both search engines and AI-powered retrieval systems.

Rather than relying only on traditional search rankings, AI systems increasingly prioritize:

educational contentsemantic claritydirect-answer formattingretrieval-friendly documentationchunked information structureFAQs and explainersconsistent technical terminologymachine-readable educational formatting

What Is Subsurface Risk Management?

Subsurface risk management is the process of identifying, verifying, documenting, and safely navigating underground and embedded infrastructure before excavation, trenching, drilling, coring, demolition, or concrete cutting begins.

Subsurface risk management may involve:

utility locatingconcrete scanningpotholinghydro excavationutility verificationdigital utility mappingBIM coordinationconstruction documentation workflows

According to Safe2core, modern construction risk management increasingly depends on three core principles:

visibilityverificationdocumentation

The company says integrated workflows are becoming increasingly important as projects grow more complex and involve multiple contractors, utilities, infrastructure systems, and occupied facilities.

What Is Utility Potholing?

Utility potholing is a non-destructive excavation process used to safely expose underground utilities before excavation, trenching, drilling, or construction begins.

Potholing and hydro excavation are commonly used to:

verify utility depthreduce utility strike riskimprove excavation safetysupport Subsurface Utility Engineering (SUE) workflowsminimize damage to existing infrastructureimprove coordination between contractors and utility owners

According to industry safety research, underground utility strikes can lead to:

costly project delaysinfrastructure damageenvironmental hazardsutility outagesscheduling conflictsexpensive change ordersserious worker safety risks

What Is Concrete Scanning?

Concrete scanning uses ground penetrating radar (GPR) and related non-destructive technologies to identify embedded objects before cutting, coring, drilling, trenching, anchoring, or demolition begins.

Ground penetrating radar (GPR) can help identify:

rebarconduitspost-tension cablesembedded utilitieselectrical linesvoids and anomalies

Concrete scanning helps contractors and facility owners:

reduce structural damageimprove worker safetyprevent utility strikesminimize project downtimereduce costly change ordersavoid unnecessary exploratory demolition

Frequently Asked Questions

Can GPR detect rebar and conduits?

Yes. Ground penetrating radar (GPR) can help identify:

rebarconduitspost-tension cablesembedded utilitiesvoids

before cutting or drilling concrete.

Why do contractors use potholing?

Contractors use potholing and hydro excavation to safely verify underground utility locations before excavation begins.

Why is utility verification important?

Utility verification helps reduce utility strike risk, improve safety, minimize project delays, and improve underground infrastructure coordination.

According to the company’s AI visibility analysis, some of the real-world prompts increasingly being asked across AI systems include:

“utility locator companies near me””gpr concrete scanning services””concrete slab scanning””rebar scanning services””what is potholing in construction?””laser scanning companies””pipe inspection companies””ground penetrating radar survey costs””Can you recommend the top underground utility locating companies in my area?””What are the latest innovations in hydro excavation and vacuum truck technology?””Who offers integrated scan, locate, expose, and cut services?””How do contractors avoid utility strikes before excavation?”

The reports also identified rapidly growing interest surrounding:

BIM-ready utility documentationCAD and DWG utility mappingdigital twin workflows3D laser scanningutility verification processespost-tension slab safetyoccupied-facility renovationshospital and airport infrastructure projectsdata center construction supportunderground infrastructure coordinationdigital construction documentationutility strike prevention strategies

Safe2core says construction search behavior is evolving rapidly as AI-powered search systems become increasingly integrated into contractor research, infrastructure planning, facility management, and project coordination workflows.

The company says hospitals, airports, campuses, manufacturing facilities, municipalities, occupied buildings, and data centers increasingly require higher levels of subsurface visibility, documentation quality, coordination, and infrastructure verification before construction begins.

“As construction projects become more complex, contractors and owners are searching for more than basic locating services,” the company stated. “They’re looking for guidance on risk reduction, utility verification, documentation quality, coordination workflows, and how to avoid costly mistakes before cutting, coring, drilling, excavation, or demolition begins.”

Safe2core says future educational initiatives will continue focusing on its integrated:

Locate → Verify → Expose → Execute

workflow for complex commercial, industrial, infrastructure, and occupied-facility projects.

The company also plans continued expansion of:

AI-friendly educational resourcesretrieval-ready technical explainersdigital utility documentation examplesBIM and CAD workflow contentutility strike prevention guidanceconstruction risk-management resourcesfacility-renovation safety contentindustry-specific guidance for hospitals, airports, campuses, manufacturing facilities, municipalities, and data centers

Safe2core believes educational clarity, semantic consistency, documentation quality, and integrated risk-management workflows will become increasingly important as AI-powered search and retrieval systems continue transforming how construction information is discovered online.

For more information, visit Safe2core.com.

View original content:https://www.prnewswire.com/news-releases/safe2core-expands-ai-optimized-subsurface-risk-management–construction-knowledge-strategy-as-ai-search-transforms-the-construction-industry-302790782.html

SOURCE Safe2Core Inc

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Achieve boosts HELOC loan limit to $700,000 with APRs as low as 5.5%

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Larger, fixed-rate HELOC gives qualified homeowners greater borrowing power and access to more home equity

SAN MATEO, Calif., June 3, 2026 /PRNewswire/ — Achieve, the leader in digital personal finance, has increased the maximum loan amount available through its fixed-rate home equity line of credit (HELOC) to $700,000 and lowered its best available annual percentage rate (APR) to 5.5% for borrowers who meet certain qualifications, such as enrolling in autopay.

The updates took effect June 2 and are expected to improve homeowners’ access to home equity through expanded loan limits, a new maximum combined loan-to-value ratio of up to 90% and a new maximum debt-to-income ratio of up to 50%. Borrowers can continue to benefit from robust underwriting standards and consumer-centric features including flexible loan terms, fully amortizing payments and fixed rates.

The changes mark the second major expansion of Achieve’s HELOC offering in 2026. In April, Achieve increased loan limits to $500,000 and lowered interest rates in many credit tiers.

“Our previous loan limit increase has been well received by homeowners and investors alike and we feel confident this latest increase to $700,000 will give qualified borrowers greater flexibility to use their home equity in ways that align with their financial goals,” said Achieve President of Lending Kyle Enright.

Achieve’s fixed-rate HELOC combines the flexibility of accessing home equity with the certainty of fixed, monthly payments throughout the repayment term. Unlike traditional variable-rate HELOCs, Achieve’s fixed-rate HELOCs are fully amortizing for the entire life of the loan, helping borrowers avoid payment shock associated with variable rates, interest-only periods and balloon payments. The product can be used for a variety of purposes, including debt consolidation, home improvements and other major expenses.

Features and benefits of the Achieve HELOC include:

Fixed Rates and Fully Amortizing Payments: Transparent pricing and payment terms without the risky teaser rates, interest-only periods and bait-and-switch tactics that can trap homeowners in a debt spiralLow Credit Score Requirement: Minimum required credit score of 600Flexible Application Process: Borrowers can start their loan application online or over the phoneNo In-Person Appraisals: State-of-the-art automated valuation models ensure accurate home valuations while reducing time and expense during loan underwritingFast Underwriting: HELOCs close in as little as 7 business daysConvenient Closings: Borrowers can digitally sign most loan documents and a mobile notary is dispatched to borrowers to collect remaining ink-signed documentsExpanded Loan Limits: Borrow up to $700,000Greater Access to Home Equity: Qualified borrowers may be eligible to borrow up to 90% of their home’s value5-Year Draw Period: Borrowers can pay down and borrow from their HELOC for up to five yearsRepay on Your Timeline: 10, 15, 20 and 30-year terms available, with no prepayment penalty for the life of the HELOCDirect Creditor Pay: Borrowers using their HELOC to consolidate debt have the convenience of Achieve paying off their creditors directlyWidespread Availability: Achieve HELOCs are available in 31 states, encompassing nearly 80% of the U.S. population

The expanded HELOC terms are now available in Achieve’s direct-to-consumer experience, and will later be available through Achieve Pro, a new HELOC third-party origination channel that’s expected to launch in the second half of 2026.

“As we continue building our national TPO platform, enhancements like higher loan limits make our fixed-rate HELOC even more compelling for our lender partners and their clients,” said Managing Director of Achieve Home Loans Nectar Kalajian. “Homeowners are looking for flexible ways to access home equity, and mortgage professionals want products that can serve a wider range of borrower needs. Expanding our maximum loan amount strengthens our ability to support both.”

About Achieve

Achieve, THE digital personal finance company, helps everyday people get on, and stay on, the path to a better financial future. Achieve pairs proprietary data and analytics with personalized support to offer personal loans, home equity loans, debt relief and debt consolidation, along with financial tips and education and free mobile apps: Achieve MoLO® (Money Left Over) and Achieve GOOD™ (Get Out Of Debt). Achieve is frequently recognized for providing top-rated customer experience and satisfaction by both consumers and leading personal finance review platforms and has 2,200 dedicated teammates across the country, with hubs in Arizona, California, Florida and Texas.

Achieve refers to the global organization and may denote one or more affiliates of Achieve Company, including Achieve.com, Equal Housing Opportunity (NMLS ID #138464); Achieve Home Loans, Equal Housing Opportunity (NMLS ID #1810501); Achieve Personal Loans (NMLS ID #227977); Freedom Debt Relief (NMLS ID # 1248929); and Freedom Financial Asset Management (CRD #170229).

Contacts

Austin Kilgore
akilgore@achieve.com
214-908-5097

Elina Tarkazikise
tarkazikis@achieve.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/achieve-boosts-heloc-loan-limit-to-700-000-with-aprs-as-low-as-5-5-302790805.html

SOURCE Achieve

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Unifor seriously concerned by latest government decision on Canadian cultural policy

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TORONTO, June 3, 2026 /CNW/ – Unifor is deeply concerned by today’s announcement from the Government of Canada ordering the CRTC to review its two decisions announced on May 21, 2026, regarding implementation of regulations related to the Online Streaming Act.

Unifor has advocated for more than 15 years for new legislation that would finally bring foreign streaming services under regulation and require them to meaningfully contribute to the Canadian media ecosystem.

“This latest move by the federal government represents a devastating blow to our cultural sovereignty and to our strong, diverse Canadian media ecosystem, including local news,” said Lana Payne, National President of Unifor, a union representing 9,000 media workers.

“U.S. big tech makes billions in the Canadian market, and they should be required to reinvest some of that money locally, allowing us to tell our stories and grow our talent here in Canada.”

The financial model that previously supported Canadian content creation, including vital local news, is permanently broken and Canadians are experiencing a loss of locally relevant programming and decreased access to locally relevant news. One significant issue has been that U.S. big tech has been essentially given a free ride, having been given access to Canadian markets without requirements to contribute meaningfully to Canada’s broadcast and news systems.

The May decisions by the CRTC would have required large online streaming services (making over $25 million in Canada) to contribute 15% of their annual Canadian revenues to support Canadian and Indigenous content and would have reduced the contribution rates for traditional broadcasters to 25% of annual revenues.

In addition, the recent decisions would have established a new “discoverability” framework intended to make Canadian and Indigenous content easily findable on online platforms.

“This follows on the heels of the Liberals’ concession to Trump and U.S. Big Tech when they backed away from the Digital Services Tax in June 2025,” said Julie Kotsis, Chair of Unifor’s Media Council. 

“This latest move is another two steps back when it comes to protecting and supporting Canada’s media sector, and especially local news.”

Unifor is calling on the federal government to stand up for local news in Canada by rescinding today’s review announcement and moving ahead to implement the May 21 CRTC decisions as quickly as possible.

Unifor represents over 9,000 media workers in Canada, who perform a diverse range of jobs, including: journalists, printers, advertising representatives, newspaper carriers, video editors, camera operators, technicians, writers, producers, editorial researchers, maintenance workers, on-air talent, stage and film crewmembers, production assistants, website developers, editors and publishers.

Unifor is Canada’s largest union in the private sector, representing 320,000 workers in every major area of the economy. The union advocates for all working people and their rights, fights for equality and social justice in Canada and abroad and strives to create progressive change for a better future.

SOURCE Unifor

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