Clear Channel Outdoor Holdings, Inc. (CCO): debt financing — Clear Channel Outdoor issues $2.05B in new senior secured notes to refinance existing debt

Clear Channel Outdoor Holdings, Inc.

Issued $1.15B of 7.125% Senior Secured Notes due 2031 and $900M of 7.500% Senior Secured Notes due 2033.
Proceeds will redeem all outstanding 5.125% Notes due 2027 and 9.000% Notes due 2028.
Notes secured on first-priority basis with senior secured credit facilities; second-priority on ABL facility.
Interest payable semi-annually; first payments Feb 15, 2026 (2031 notes) and Mar 15, 2026 (2033 notes).
Issued under Rule 144A/Reg S; maturities February 2031 and March 2033.

Key facts

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 $1,150.0 million in aggregate principal amount of 7.125% Senior Secured Notes due 2031 with U.S. Bank Trust Company, National Association at 7.125% per annum maturing February 15, 2031.

Instrument: senior notes
Principal: $1,150.0 million in aggregate principal amount of 7.125% Senior Secured Notes due 2031
Counterparty: U.S. Bank Trust Company, National Association
Rate: 7.125% per annum
Maturity: February 15, 2031
Event: incurrence

Exact text from the filing

On August 4, 2025, Clear Channel Outdoor Holdings, Inc. (the “Company”) completed the sale of $1,150.0 million in aggregate principal amount of 7.125% Senior Secured Notes due 2031

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Clear Channel Outdoor Holdings, Inc. incurred senior notes of $900.0 million in aggregate principal amount of 7.500% Senior Secured Notes due 2033 with U.S. Bank Trust Company, National Association at 7.500% per annum maturing March 15, 2033.

Instrument: senior notes
Principal: $900.0 million in aggregate principal amount of 7.500% Senior Secured Notes due 2033
Counterparty: U.S. Bank Trust Company, National Association
Rate: 7.500% per annum
Maturity: March 15, 2033
Event: incurrence

Exact text from the filing

On August 4, 2025, the Company completed the sale of $900.0 million in aggregate principal amount of 7.500% Senior Secured Notes due 2033

View on SEC.gov

317 debt financings filed in the last 30 days. Browse all debt financings →

Clear Channel Outdoor Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-172602

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