Debt Repayment Move Follows Big Layoffs at iHeart

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It appears the hundreds of air talent and programming executive departures last month at¬†iHeartMedia¬†isn’t the only way the company still coping with billions of dollars in debt is aggressively tackling the matter.


The nation’s No. 1 owner of radio stations on Monday (2/3) prepaid $150 million of debt before it needed to, with cash on hand.

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