/PRNewswire/ Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended June 30, 2022. "We.
/PRNewswire/ Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended March 31, 2022. "The.
Share this article
Share this article
SAN ANTONIO, May 17, 2021 /PRNewswire/ Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the Company ) announced today that it will offer, subject to market and customary conditions, $1,050,000,000 aggregate principal amount of Senior Notes due 2029 (the Notes ) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the Securities Act ).
The Notes will be guaranteed on a senior unsecured basis by certain of the Company s wholly-owned existing and future domestic subsidiaries. Accordingly, the Notes (i) will rank
pari passu in right of payment with all existing and future senior indebtedness of the Company, (ii) will be senior in right of payment to all of the future subordinated indebtedness of the Company and the guarantors; (iii) will be effectively subordinated to all of the Company s existing and future indebtedness secured by a lien, to the extent of the value of such collateral and (i