CLEAR CHANNEL OUTDOOR HOLDINGS, INC. (NYSE:CCO) Files An 8-K Results of Operations and Financial Condition
Item2.02
|
Results of Operations and Financial Condition |
On May4, 2017, Clear Channel Outdoor Holdings, Inc. (the Company)
issued a press release announcing its financial results for the
quarter ended March31, 2017. A copy of the press release is
furnished herewith as Exhibit 99.1 and is incorporated herein by
reference.
In accordance with General Instruction B.2 of Form 8-K, the
information under this Item 2.02, including Exhibit 99.1, shall
not be deemed filed for the purposes of Section18 of the Exchange
Act or otherwise subject to the liabilities of that section, nor
shall such information, including Exhibit 99.1, be deemed
incorporated by reference in any filing under the Securities Act
of 1933 or the Exchange Act, except as shall be expressly set
forth by specific reference in such filing.
| Item7.01 | Regulation FD Disclosure |
to Section4.03 of the Indenture, dated as of December16, 2015,
among Clear Channel International B.V. (CCI BV), the guarantors
party thereto, and U.S. Bank National Association, as trustee
(the Trustee), paying agent, registrar, authentication agent and
transfer agent (the Indenture), CCI BV, an indirect, wholly-owned
subsidiary of the Company, agreed to furnish to the holders of
its 8.75% senior notes due 2020 and the Trustee unaudited
consolidated financial statements of CCI BV and its subsidiaries
prepared in accordance with GAAP (the Consolidated Financial
Statements), including a Managements Discussion and Analysis of
Financial Condition and Results of Operations (the MDA). The
Consolidated Financial Statements and the MDA are furnished
herewith as Exhibit 99.2 and are incorporated herein by
reference.
In accordance with General Instruction B.2 of Form 8-K, the
information under this Item 7.01, including Exhibit 99.2, shall
not be deemed filed for the purposes of Section18 of the Exchange
Act or otherwise subject to the liabilities of that section, nor
shall such information, including Exhibit 99.2, be deemed
incorporated by reference in any filing under the Securities Act
of 1933 or the Exchange Act, except as shall be expressly set
forth by specific reference in such filing.
| Item9.01 | Financial Statements and Exhibits |
| (d) | Exhibits |
|
ExhibitNo. |
Description |
|
| 99.1 |
Press Release issued by Clear Channel Outdoor Holdings, Inc. on May4, 2017 |
|
| 99.2 |
Unaudited Consolidated Financial Statements as of and for the quarter ended March31, 2017 of Clear Channel International B.V. and Managements Discussion and Analysis of Financial Condition and Results of Operations |
About CLEAR CHANNEL OUTDOOR HOLDINGS, INC. (NYSE:CCO)
Clear Channel Outdoor Holdings, Inc. is an outdoor advertising company. The Company owns and operates billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes and spectaculars. It operates in two segments: Americas outdoor advertising (Americas) and International outdoor advertising (International). It owns or operates more than 650,000 advertising displays. The Americas segment consists of operations primarily in the United States, Canada and Latin America. The Americas assets consist of traditional and digital billboards, street furniture and transit displays, airport displays, wallscapes and other spectaculars, which the Company owns or operates under lease management agreements. The International segment primarily includes operations in Europe, Asia and Australia. The International assets consist of street furniture and transit displays, billboards, mall displays, Smartbike programs, wallscapes and other spectaculars. CLEAR CHANNEL OUTDOOR HOLDINGS, INC. (NYSE:CCO) Recent Trading Information
CLEAR CHANNEL OUTDOOR HOLDINGS, INC. (NYSE:CCO) closed its last trading session down -0.05 at 5.10 with 291,218 shares trading hands.