Brief: iHeartMedia Enters Into Transaction Support Agreement To Strengthen Balance Sheet
07/11/2024 13:03
Nov 7 (Reuters) - iHeartMedia Inc IHRT.O :
* IHEARTMEDIA ENTERS INTO TRANSACTION SUPPORT AGREEMENT TO
STRENGTHEN BALANCE SHEET
* IHEARTMEDIA INC - INITIAL SUPPORTING HOLDERS REPRESENT 80%
OF
EXISTING DEBT
* IHEARTMEDIA INC - AMENDS ABL FACILITY TO PERMIT EXCHANGE
TRANSACTIONS
* IHEARTMEDIA INC - TO OFFER EXCHANGE TRANSACTIONS EXTENDING
DEBT
MATURITY BY THREE YEARS
Source text: ID:nBw89KNqa
Further company coverage: IHRT.O
(Reuters.Briefs@thomsonreuters.com)
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