---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-058449"
form_type: "8-K"
ticker: "CCO"
cik: "0001334978"
company_name: "Clear Channel Outdoor Holdings, Inc."
filed_at: "2026-05-18T20:15:36+00:00"
generated_at: "2026-05-18T21:11:49.524968+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Clear Channel Outdoor amends ABL credit agreement: extends maturity, ups revolver to $250M, ties to pending merger

## Summary
- Maturity extended to 5 years from effective date of Third Amendment (May 15, 2026).
- Revolving credit commitments increased from $200M to $250M.
- Amendment effective upon and concurrent with closing of merger with Madison Parent Inc.
- 'Change of Control' definition amended so merger does not trigger a default.
- Borrowing base expanded; qualified securitization financings now permitted.

## SEC filing metadata
- accession: 0001213900-26-058449
- form_type: 8-K
- ticker: CCO
- cik: 0001334978
- company_name: Clear Channel Outdoor Holdings, Inc.
- filed_at: 2026-05-18T20:15:36+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1334978/000121390026058449/0001213900-26-058449-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1334978/000121390026058449/ea0291061-8k_clear.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-058449
- JSON: https://secwatch.observer/filing/0001213900-26-058449.json
- Plain text: https://secwatch.observer/filing/0001213900-26-058449.txt

## Key facts
- Debt Financings
  Clear Channel Outdoor Holdings, Inc. amended revolving credit of the revolving credit commitments were increased from $200,000,000 to $250,000,000 with Deutsche Bank AG New York Branch, as administrative agent maturing the maturity date of the Amended Credit Agreement was extended to the date that is five years from the effective date of the Third Amendment.
  - Instrument: revolving credit
  - Principal: the revolving credit commitments were increased from $200,000,000 to $250,000,000
  - Counterparty: Deutsche Bank AG New York Branch, as administrative agent
  - Maturity: the maturity date of the Amended Credit Agreement was extended to the date that is five years from the effective date of the Third Amendment
  - Event: amendment
  source text: the maturity date of the Amended Credit Agreement was extended to the date that is five years from the effective date of the Third Amendment; (ii) the revolving credit commitments were increased from $200,000,000 to $250,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1334978/000121390026058449/0001213900-26-058449-index.htm
- Material Agreements
  Clear Channel Outdoor Holdings, Inc. amended Third Amendment to Credit Agreement with Deutsche Bank AG New York Branch, as administrative agent, and the lenders party thereto valued at $250,000,000 (effective 2026-05-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Deutsche Bank AG New York Branch, as administrative agent, and the lenders party thereto
  - Value: $250,000,000
  - Effective: 2026-05-15
  source text: the Company, the other borrowers party thereto, the administrative agent and the lenders party thereto entered into the Third Amendment to Credit Agreement (the “Third Amendment”), dated as of May 15, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1334978/000121390026058449/0001213900-26-058449-index.htm

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