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Stock impact report

iHeartMedia Announces Exchange Offers and Consent Solicitations for Existing Notes and Term Loans [Yahoo! Finance]

iHeartMedia, Inc. - Class A (IHRT) 
NASDAQ:AMEX Investor Relations: iheartmedia.com/investors/events
Company Research Source: Yahoo! Finance
commencement of (i) exchange offers (the "Exchange Offers") for iHeartCommunications, Inc.'s ("Communications") outstanding 6.375% Senior Secured Notes due 2026 (the "Existing 2026 Secured Notes"), 5.250% Senior Secured Notes due 2027 (the "Existing 2027 Secured Notes"), 4.750% Senior Secured Notes due 2028 (the "Existing 2028 Secured Notes" and together with the Existing 2026 Secured Notes and the Existing 2027 Secured Notes, the "Secured Notes") and 8.375% Senior Notes due 2027 (the "Existing Unsecured Notes" and, together with the Secured Notes, the "Existing Notes"), and (ii) concurrent consent solicitations (the "Consent Solicitations") to amend certain provisions in the indentures governing the Existing Notes pursuant to the terms and conditions described in a Confidential Offering Memorandum and Consent Solicitation Statement, dated November 15, 2024 (the "Offering Memorandum"). Eligible Holders (as defined below) of the Existing Notes may not deliver consents in the Consent So Show less Read more
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