IHeartMedia, Inc. Announces Completion of Voluntary $250 Million Prepayment of Term Loan Facilities and Successful Repricing of Incremental Term Loan
July 20, 2021
July 20, 2021
SAN ANTONIO, Texas, July 20 -- iHeartMedia issued the following news release on July 19, 2021:
iHeartMedia, Inc. (Nasdaq: IHRT) ("iHeartMedia") announced today that its indirect, wholly-owned subsidiary, iHeartCommunications, Inc., has successfully completed the previously announced voluntary prepayment of a portion of both its $2,070 million Term Loan and its $446 million Incremental Term Loan, utilizing cash on hand, while concurrently repricing the Incremental Term Loan . . .
iHeartMedia, Inc. (Nasdaq: IHRT) ("iHeartMedia") announced today that its indirect, wholly-owned subsidiary, iHeartCommunications, Inc., has successfully completed the previously announced voluntary prepayment of a portion of both its $2,070 million Term Loan and its $446 million Incremental Term Loan, utilizing cash on hand, while concurrently repricing the Incremental Term Loan . . .