Clear Channel Communications, Inc. Announces Proposed Private Offering of $750 Million of Priority Guarantee Notes Due 2021
Clear Channel Communications, Inc. (“CCU”) announced today that it intends to offer, subject to market and customary conditions, $750 million in aggregate principal amount of priority guarantee notes due 2021 (the “Notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”).