Billboard operator Adams Outdoor raises $765.1 million via sale of asset-backed securities (Asset Securization Report)

By Donna M. Mitchell: Revenue from billboard advertising and related contracts will collateralize $765.1 million in asset-backed securities (ABS), from manager AOA Management. Adams Outdoor Advertising, 2026-1, will sell the notes through three tranches of notes that have an anticipated repayment (ARD) date of July 2031 and a final maturity date of July 2056. […]