Here Comes An ‘Add-On Offering’ From Audacy


Audacy has confirmed that it plans to offer, subject to market conditions and other factors, $45 million in aggregate principal amount of subsidiary Audacy Capital Corp.’s 6.500% senior secured second-lien notes due 2027.

They are “Additional Notes,” and it’s a $45 million ad-on offering for the audio content creation and distribution company that is once again struggling to gain investors on Wall Street.

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