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CLEAR CHANNEL OUTDOOR HOLDINGS, INC. ANNOUNCES PRICING OF OFFERING OF SENIOR SECURED NOTES DUE 2028

PR Newswire - Tue Aug 8, 2023

SAN ANTONIO, Aug. 8, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") announced today that it priced an offering (the "Offering") of $750,000,000 aggregate principal amount of 9.000% Senior Secured Notes due 2028 (the "Notes"). The aggregate principal amount of the Offering was increased by $250,000,000 from the previously announced offering size of $500,000,000. The issuance and sale of the Notes is expected to be completed on August 22, 2023, subject to customary closing conditions.

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