US
iHeartMedia Enters Into Debt Extension Agreements; Confirms Cost Savings Programs
iHeartMedia announced this morning that it has entered into agreements with the lenders and holders of approximately 80% of the aggregate principal amount of its existing debt including 77% of the aggregate principal amount of its outstanding senior secured notes due 2026, 79% of the aggregate principal amount of its outstanding senior secured notes due 2027, 38% of the aggregate principal amount of its outstanding senior secured notes due 2028, 71% of the aggregate principal amount of its outstanding senior unsecured notes due 2027, and 92% of the aggregate principal amount of its outstanding term loans. […]
