Outfront Media issues Senior Notes to manage debt (Billboard Insider)
So Outfront was able to replace a credit facility and lower their interest costs by a quarter of a point. A quarter point doesn’t seem like much but it is $1.625 million in interest savings on $650M annually. Insider was curious as to how the Senior Debt compares to Lamar and Clear Channel so we did a little comparison shopping focused on Senior debt. […]
Fri, Jun 14, 2019 at 5:43 PM