Back for another tender


Just before completing its shareholder buyout, Clear Channel Communications terminated a tender offer for its $750 million of 7.65% senior notes due 2010, while completing a tender for the 8% AMFM senior notes due later this year, which bought in $639 million of that issue. Now Clear Channel has launched a new tender for the 7.65% notes. The offer is $960 for each $1,000 of face value, including a $30 consent payment. Notes must be tendered by August 21st to receive the consent payment and the entire tender is scheduled to expire September 5th.