Clear Channel Outdoor Adds $100 Million Loans, Plans $1.87 Billion Note Redemption
Clear Channel Outdoor executed financing actions tied to its merger closing, adding $100 million of incremental term loans and making a previously signed amendment to its ABL Credit Agreement effective.
Clear Channel Outdoor executed multiple financing actions tied to its merger closing. The company added $100 million of incremental term loans via an eighth amendment to its 2019 Credit Agreement and made effective its previously signed third amendment to the ABL Credit Agreement. Concurrently, it…