Clear Channel Outdoor’s parent iHeart Media debt restructure updates (Billboard Insider)
iHeart Media is moving towards a restructuring of their $20 billion in debt. The New York Post and the Wall Street Journal, both have related articles on a potential iHeart Media debt restructure proposal. The Post, on August 10th, reported that iHeart Media’s biggest single creditor, Franklin Resources in working on a restructuring plan that could keep iHeart from declaring bankruptcy. […]
Fri, Oct 13, 2017 at 7:43 AM