A Big Loan Prepayment Comes from iHeartMedia


Its stock price continues to surge. Hundreds of Talk stations have now transitioned from Rush Limbaugh to a new offering from the company’s Premiere Networks. Its music stations continue to dominate key markets across the U.S.

Things have never appeared to be better at iHeartMedia. With momentum fueling the nation’s biggest licensee of radio stations, a voluntary prepayment of term loan facilities and a repricing of an incremental term loan have come.

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