BRIEF-iHeartMedia Enters Into Transaction Support Agreement To Strengthen Balance Sheet

Reuters
07 Nov 2024

Nov 7 (Reuters) - iHeartMedia Inc :

* IHEARTMEDIA ENTERS INTO TRANSACTION SUPPORT AGREEMENT TO STRENGTHEN BALANCE SHEET

* IHEARTMEDIA INC - INITIAL SUPPORTING HOLDERS REPRESENT 80% OF EXISTING DEBT

* IHEARTMEDIA INC - AMENDS ABL FACILITY TO PERMIT EXCHANGE TRANSACTIONS

* IHEARTMEDIA INC - TO OFFER EXCHANGE TRANSACTIONS EXTENDING DEBT MATURITY BY THREE YEARS

Source text: Further company coverage:

(Reuters.Briefs@thomsonreuters.com)

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