Here’s A Peek At iHeart’s Restructuring Term Sheet


After a tug of war with its lenders regarding the percentage of iHeartMedia‘s consenting stakeholders allowed to participate in the media company’s Chapter 11 restructuring, and several back-and-forth rounds of negotiations to determine the equity stake in a recapitalized iHeart lenders would take, a Restructuring Term Sheet filed Thursday morning (3/15) with the Securities and Exchange Commission is now finalized.

RBR+TVBR grabbed its magnifying glass and a few web browser windows to compare notes on what’s been codified, compared to what iHeart had been seeking.

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