Company Has Enhanced Financial and Operating Flexibility by Extending Maturity Date of its Credit Facilities
SAN ANTONIO, June 12, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced that it has amended its Receivables-Based Credit Facility and Revolving Credit Facility (together, the "Amendments") with Deutsche Bank AG New York Branch as administrative agent. The Amendments extend the maturity date on each of the Receivables-Based Credit Facility and the Revolving Credit Facility from August 23, 2024 to August 23, 2026.
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