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iHeartCommunications Proposes Two More Debt Swaps - iHEARTCOMMUNICATIONS, INC. is taking another whack at refin...
iHeartCommunications Proposes Two More Debt Swaps - iHEARTCOMMUNICATIONS, INC. is taking another whack at refin...
iHEARTCOMMUNICATIONS, INC. is taking another whack at refinancing with two sets of new private offers to swap existing debt for new loans and securities. In one proposal, the company is offering lenders under the Company’s Term Loan D and Term Loan E facilities amended terms and/or a swap for new term loans and securities of the company and iHEARTMEDIA, INC., CC OUTDOOR HOLDINGS, INC. (the newly-formed 89.9% owner of CLEAR CHANNEL OUTDOOR HOLDINGS, INC.), and/or the controversial ...
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