---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-155030"
form_type: "8-K"
ticker: "IHRT"
cik: "0001400891"
company_name: "iHeartMedia, Inc."
filed_at: "2022-05-19T23:59:59+00:00"
generated_at: "2026-06-25T09:08:23.930321+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# iHeartMedia enters $450M ABL revolving credit facility, maturing May 2027

## Summary
- New $450M senior secured ABL revolver refinances and replaces existing ABL facility.
- No borrowings and $30.4M in letters of credit outstanding at closing on May 17, 2022.
- Interest rates: SOFR + 1.25%-1.75% or base rate + 0.25%-0.75%, depending on availability.
- Facility matures May 17, 2027; commitment fee 0.25%-0.375% on unused portion.
- Existing ABL credit agreement terminated and liens released.

## SEC filing metadata
- accession: 0001193125-22-155030
- form_type: 8-K
- ticker: IHRT
- cik: 0001400891
- company_name: iHeartMedia, Inc.
- filed_at: 2022-05-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1400891/000119312522155030/0001193125-22-155030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1400891/000119312522155030/d278847d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-155030
- JSON: https://secwatch.observer/filing/0001193125-22-155030.json
- Plain text: https://secwatch.observer/filing/0001193125-22-155030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.