2 gennaio 2008 / 18:14 / 10 anni fa

Clear Channel gets tender consent from most senior notes holders

Jan 2 (Reuters) - Clear Channel Communications Inc (CCU.N) said it received tenders and consents for a majority of its outstanding 7.65 percent senior notes due 2010, as part of a deal to take the U.S. radio operator private.

Clear Channel also said its subsidiary, AMFM Operating Inc, received tenders and consents representing a majority of the outstanding 8 percent senior notes of AMFM due 2008, the company said in a statement.

San Antonio-based Clear Channel agreed in 2007 to be bought for $39.20 a share by private equity firms Bain Capital Partners and Thomas H. Lee Partners. (Reporting by John Tilak in Bangalore; Editing by Deepak Kannan)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below