Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Clear Channel Outdoor Holdings, Inc. incurred senior notes of $865.0 million with U.S. Bank Trust Company, National Association, as trustee at 7.875% per annum maturing April 1, 2030.
- Instrument
- senior notes
- Principal
- $865.0 million
- Counterparty
- U.S. Bank Trust Company, National Association, as trustee
- Rate
- 7.875% per annum
- Maturity
- April 1, 2030
- Event
- incurrence
Exact text from the filing
On March 18, 2024, Clear Channel Outdoor Holdings, Inc. (the “Company”) completed the sale of $865.0 million in aggregate principal amount of 7.875% Senior Secured Notes due 2030 (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons outside the United States in compliance with Regulation S under the Securities Act.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Clear Channel Outdoor Holdings, Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $865.0 million (effective 2024-03-18).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank Trust Company, National Association
- Value
- $865.0 million
- Effective
- 2024-03-18
Exact text from the filing
On March 18, 2024, Clear Channel Outdoor Holdings, Inc. (the “Company”) completed the sale of $865.0 million in aggregate principal amount of 7.875% Senior Secured Notes due 2030 (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration pursuant to Rule 144A under the Securities Act of 1933
View on SEC.gov