debt
confidence high
sentiment neutral
materiality 0.60
Clear Channel Outdoor extends credit facility maturities to 2030, increases ABL revolver to $200M
Clear Channel Outdoor Holdings, Inc.
- Maturity on ABL and revolver extended from August 2026 to June 12, 2030.
- ABL facility commitments increased from $175M to $200M; borrowing base expanded.
- Revolving credit facility commitments reduced from $115.8M to $100M; LC subfacility cut to $83.5M.
- Amendments executed June 12, 2025 with Deutsche Bank AG New York Branch as administrative agent.
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