IHEARTMEDIA, INC. (OTCMKTS:IHRT) Files An 8-K Other Events
Item8.01. Other Events.
On November28, 2016, iHeartCommunications, Inc.
(iHeartCommunications), an indirect subsidiary of iHeartMedia,
Inc., issued a press release announcing the commencement of
consent solicitations (the Consent Solicitations) to solicit the
consent of holders of iHeartCommunications outstanding 9.0%
Priority Guarantee Notes due 2021, 9.0% Priority Guarantee Notes
due 2019, 11.25% Priority Guarantee Notes due 2021, 9.0% Priority
Guarantee Notes due 2022, 10.625% Priority Guarantee Notes due
2023 and Senior Notes due 2021 (collectively the Notes) to a
proposed amendment to each of the indentures governing the Notes.
A copy of the press release is attached hereto as Exhibit 99.1
and is incorporated herein by reference.
Item9.01. Financial Statements and Exhibits.
(d) Exhibits.
The following documents are filed herewith:
|
ExhibitNo. |
Description |
|
| 99.1 |
Press Release of iHeartCommunications, Inc., dated November 28, 2016, announcing the Consent Solicitations (incorporated by reference to Exhibit 99.1 to iHeartCommunications, Inc.s Current Report on Form 8-K filed on November 28, 2016). |
About IHEARTMEDIA, INC. (OTCMKTS:IHRT)
iHeartMedia, Inc. is a global media and entertainment company that specializes in broadcast and digital radio, out-of-home, mobile, and on-demand entertainment and information services for national audiences and local communities. The Company operates in three segments: iHeartMedia (iHM), Americas outdoor advertising (Americas outdoor) and International outdoor advertising (International outdoor). Its iHM segment provides media and entertainment services through broadcast and digital delivery and also includes its national syndication business. Its Americas outdoor and International outdoor segments provide outdoor advertising services in their respective geographic regions using various digital and traditional display types. Its other category includes its full-service media representation business, Katz Media Group, as well as other general support services. It has a Smartbike bicycle rental program that provides bicycles for rent to the general public in several municipalities. IHEARTMEDIA, INC. (OTCMKTS:IHRT) Recent Trading Information
IHEARTMEDIA, INC. (OTCMKTS:IHRT) closed its last trading session 00.00 at 1.41 with 16,014 shares trading hands.
