III

iHeartCommunications, Inc. 5.25% 15-AUG-2027

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Overview
Analysis

IHRT4867613 analysis



Key facts


Issuer
iHeartCommunications, Inc.
Issue date
Aug 7, 2019
Maturity date
Aug 15, 2027
Outstanding amount
‪750.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.25% (Fixed)
Yield to maturity
23.72%
iHeartCommunications, Inc. provides outdoor advertising services and operates as radio broadcasting stations. It operates through the following segments: IHM, Americas Outdoor Advertising, International Outdoor Advertising, and Other. The IHM segment focuses on media and entertainment services via broadcast and digital delivery. The Americas Outdoor Advertising Segment consists operates in the United States and Latin America. The International Outdoor Advertising segment includes operations in Europe and Asia. The Other segment consists of Company’s media representation business. The company was founded by Lowry Mays and B.J. McCombs in 1972 and is headquartered in San Antonio, TX.
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