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Townsquare Media Announces Launch Of $550 Million Senior Secured Notes Offering News provided by Share this article Share this article PURCHASE, N.Y., Dec. 15, 2020 /PRNewswire/ -- Townsquare Media, Inc. (NYSE: TSQ) (the "Company") today announced that, subject to market conditions, it has launched an offering of $550.0 million in aggregate principal amount of senior secured notes due 2026 (the "Notes") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to persons outside the United...
Share this article Share this article PURCHASE, N.Y., Dec. 15, 2020 /PRNewswire/ -- Townsquare Media, Inc. (NYSE: TSQ) ("Townsquare", the "Company," "we," "us," or "our") announced today preliminary estimated financial results for the fourth quarter and full year ended December 31, 2020. "We are pleased to pre-announce very strong fourth quarter estimated results that outperformed the expectations we had previously outlined on our third quarter earnings call. At that time, I stated that our goal for fourth quarter net revenue was a year over year decline of -7.5%, approximately half of our t...