Tag: debt/cashflow

Clear Channel Taps Credit Line

From Clear Channel Outdoor’s press release issued on March 25th: Clear Channel Outdoor Holdings, Inc. (CCO) (the “Company”), one of the world’s largest outdoor advertising companies, today announced it has drawn down $150 million available under its Revolving Credit Facility to increase liquidity and preserve financial flexibility. “The Americas segment continued to […]

Sustainable leverage for your out of home company

Insider thinks a public out of home REIT (e.g. Lamar and Outfront) has a sustainable leverage (Debt/Cashflow) of 3.5-4.0.  A private out of home company which is under no pressure to pay dividends has  a sustainable Debt/Cashflow ratio of 6.0.   Sustainable leverage consists of how much money you can borrow […]