Iheartmedia inc announces proposed private offering of senior secured notes

Iheartmedia, inc. announces proposed private offering of senior secured notes.iheartmedia inc - unit to offer $500 million of senior secured notes due january 2028.iheartmedia - unit intends to use proceeds , with cash on hand, to prepay at par a portion of outstanding borrowings under term loan facility.
IHRT Ratings Summary
IHRT Quant Ranking