iHeartMedia Announces Exchange Offers and Consent Solicitations for Existing Notes and Term Loans
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iHeartMedia, Inc. (NASDAQ: IHRT) has announced exchange offers and consent solicitations for its existing notes and term loans, including Senior Secured Notes due in 2026, 2027, and 2028.
November 18, 2024 | 11:15 am
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iHeartMedia has initiated exchange offers and consent solicitations for its existing notes and term loans, which may impact the company's financial structure and credit ratings.
The announcement of exchange offers and consent solicitations indicates a strategic move by iHeartMedia to manage its debt. This could affect the company's financial structure and credit ratings, but the immediate impact on stock price is uncertain.
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