Current Issue:

On The Cover:
Bob Pittman & Richard Bressler

Click here to subscribe to Radio Ink.

Radio Ink Writers

More Work on The Clear Channel Debt.


Clear Channel issued $2 billion of bonds after it said its offer to exchange term loans for the new notes was oversubscribed. Earlier this week, Clear Channel said more than $8 billion of loans were submitted for exchange by the time the offer expired at the end of last week. Clear Channel received permission from lenders this week allowing for the exchange of as much as $5 billion of debt.

Add a Comment


Send This Story To A Friend

Images From Forecast 2015
November 19, 2014 in New York. Click anywhere on an image to advance to the next.

Get the flash player here: