IHEARTMEDIA, INC. (OTCMKTS:IHRT) Files An 8-K Regulation FD Disclosure
Item7.01. Regulation FD Disclosure
On March27, 2017, in connection with the offers by
iHeartCommunications, Inc. (iHeartCommunications), iHeartMedia,
Inc., CC Outdoor Holdings, Inc. and Broader Media, LLC
(collectively, the Issuers) that commenced on March15, 2017 to
amend and/or exchange iHeartCommunications outstanding series of
Priority Guarantee Notes and Senior Notes due 2021 (the Existing
Notes) and term loans D and E (the Existing Term Loans), the
Issuers delivered supplements to the offering circular and
consent solicitation statement to holders of Existing Notes and
to the term loan confidential information memorandum to eligible
lenders of Existing Term Loans. The supplements include, among
other information, the information set forth in Exhibit 99.1
hereto.
In accordance with General Instruction B.2 of Form 8-K, the
information in Item7.01 of this Current Report on Form 8-K,
including Exhibit99.1 hereto, shall not be deemed filed for the
purposes of Section18 of the Securities Exchange Act of 1934, as
amended (the Exchange Act), or otherwise subject to the
liabilities of that section, nor shall such information be deemed
incorporated by reference in any filing under the Securities Act
of 1933, as amended (the Securities Act), or the Exchange Act,
except as shall be expressly set forth by specific reference in
such filing.
Cautionary Note Regarding Forward-Looking Statements
This Current Report on Form 8-K, including Exhibit 99.1 hereto,
contains forward-looking statements based on current
iHeartCommunications management expectations. These
forward-looking statements include all statements other than
those made solely with respect to historical facts. Numerous
risks, uncertainties and other factors may cause actual results
to differ materially from those expressed in any forward-looking
statements. Many of the factors that will determine the outcome
of the subject matter of this Current Report on Form 8-K are
beyond iHeartCommunications ability to control or predict.
iHeartCommunications undertakes no obligation to revise or update
any forward-looking statements, or to make any other
forward-looking statements, whether as a result of new
information, future events or otherwise.
Item9.01. Financial Statements and Exhibits.
(d) Exhibits.
The following documents are furnished herewith:
|
Exhibit No. |
Description |
|
| 99.1 |
Excerpts from the supplement, dated March27, 2017, to the offering circular and consent solicitation statement, dated March15, 2017, of iHeartCommunications, Inc., iHeartMedia, Inc. and CC Outdoor Holdings, Inc. and the supplement, dated March27, 2017, to the term loan confidential information memorandum, dated March15, 2017, of iHeartCommunications, Inc., iHeartMedia, Inc., CC Outdoor Holdings, Inc. and Broader Media, LLC (incorporated by reference to Exhibit 99.1 of iHeartCommunications, Inc.s Current Report on Form 8-K filed March27, 2017). |
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 down -0.01 at 3.51 with 103,198 shares trading hands.