Debt Repayment Move Follows Big Layoffs at iHeart


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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