Home Login
Subscribe
Subscribe Online Renew Subscription Subscribe By Mail/Fax Free Ten Day Trial Subscription Info Buy Radio Station Data
RADIO ONLINE
Advertise
Buy Advertising Online Ad Package Information Ad Package FAQs Ad Control Panel Ad Setup Wizard
RSS Facebook
Daily News
Changes & Moves
Top News
Business News
FCC Daily Digests
FCC News
Newsletters
Report News
RSS
Advertisement

iHM Proposes Private Offering of Senior Secured Notes


iHeartMedia
iHeartMedia

iHeartMedia has announced that its indirect, wholly-owned subsidiary, iHeartCommunications will offer $500 million of Senior Secured Notes due January, 2028 in a private offering that is exempt from registration under the Securities Act of 1933. The notes will be guaranteed on a senior secured basis by iHeartMedia Capital I LLC and the subsidiaries of iHC that guarantee iHeartCommunications' term loan facility.

iHeartCommunications intends to use the proceeds from the notes, together with cash on hand, to prepay at par a portion of the outstanding borrowings under its term loan facility, to pay accrued and unpaid interest to, but excluding, the date of prepayment, and to pay fees and expenses related to the offering of the notes and the use of proceeds therefrom.

Advertisement

Latest Radio Stories

Urban One Expands Dallas Footprint with KKDA, KRNB
Urban One
Urban One
Urban One has reached an agreement to acquire Service Broadcasting Group, including Dallas stations KKDA and KRNB, while also agreeing to sell KZMJ to Fuzion Dallas. Both transactions remain subject to approval by the FCC and customary closing conditions. The company said the More

NAB Opens 2026 Marconi Awards Nominations
Marconi Radio Awards
Marconi Radio Awards
The National Association of Broadcasters (NAB) has opened the nomination window for the 2026 Marconi Radio Awards, with entries accepted through May 31. Winners will be announced during a special dinner program sponsored by Xperi on October 20 at the Edison Ballroom. The event More

Whitten Named Program Director of Indie 102.3
Jessi Whitten
Jessi Whitten
Colorado Public Radio (CPR) has appointed Jessi Whitten as Program Director of Indie 102.3, its independent music service, effective June 8. Whitten brings more than a decade of experience in radio programming, artist development and community engagement. She previously served as Music Director for CPR's More
Advertisement

SiriusXM Q1 Revenue Up, Profit Jumps 20%
SiriusXM
SiriusXM
Sirius XM Holdings reported first-quarter 2026 revenue of $2.09 billion, up 1% year-over-year, while net income rose 20% to $245 million, according to its latest earnings release. Adjusted EBITDA increased 6% to $666 million, and free cash flow more than tripled to $171 million, More

Curtis Media to Acquire Coastal NC Radio Cluster
Curtis Media Group
Curtis Media Group
A deal has been reached for Curtis Media Group to acquire a group of North Carolina radio outlets from Capitol Broadcasting Company, with an application to be filed with the FCC. The transaction includes 100kW WRMR-FM (98.7) in Jacksonville, NC; 0.8kW WMFD-AM (630) and translators W269DF-FX (101.7) and More

Cumulus Expands Data Tools for Local Ad Sales
The Media Audit
The Media Audit
Cumulus Media is expanding its data-driven sales strategy through a new partnership with The Media Audit and TOMA.Solutions, bringing enhanced consumer and competitive insights to stations in a growing number of U.S. markets. The collaboration integrates The Media Audit's More

Return to Menu

Advertisement

Subscribe to our Newsletter
Radio news and headlines delivered right to your e-mail box -- and it's free.

Advertisement

Advertisement

Follow us on:

 RSS Facebook

Copyright © 1989-2026 RADIO ONLINE ®

Airchecks Databases Jobs Newsletters Promotions Radio News Ratings Show Prep Advertise Submissions Subscribe Contact Us