Nasdaq: Clear Channel Outdoor steps out on its own with new junk bond
Outdoor advertising company CCOH approached investors with a US$1.26bn secured eight-year non-call three bond, which, along with a US$2bn term loan and cash on hand, will redeem just over US$3bn of unsecured debt maturing in 2020 and 2022 with coupons of 6.5% and 8.75%, according to investors. […]
nasdaq.com
Sun, Aug 11, 2019 at 6:52 PM
Sun, Aug 11, 2019 at 6:52 PM