Loan & DebtApr 13, 2026, 07:11 AM
Clear Channel Outdoor Amends Senior Secured Note Indentures
AI Summary
Clear Channel Outdoor Holdings, Inc. and its subsidiary guarantors entered into supplemental indentures for its 2030, 2031, and 2033 Senior Secured Notes. These agreements were executed on April 9, 2026, following the successful completion of a consent solicitation from noteholders. The consent solicitation, which expired on April 10, 2026, was conducted in connection with the company's previously announced merger agreement.
Key Highlights
- Company entered into supplemental indentures for 7.875% Senior Secured Notes due 2030.
- Supplemental indentures also for 7.125% Senior Secured Notes due 2031.
- Further supplemental indentures for 7.500% Senior Secured Notes due 2033.
- Agreements followed a consent solicitation from noteholders.
- Consent solicitation expired on April 10, 2026.
Price Impact
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