What does an average roadside out of home company in the US look like? Billboard Insider has 467 roadside billboard companies in its database. Most of them are Billboard Insider subscribers. Here’s what we’ve learned about the average independent roadside out of home company. The average roadside out of home […]
This is the fourth column in Billboard Insider’s series on out of home debt. We’ve previously discussed factoring, lease financing, and bank financing. Today we talk with Craig Berry of Stark Capital to discuss the pros and cons of using a private specialized lender to finance and grow your OOH […]
Yesterday Billboard Insider ran an article which discusses trends in the lending markets. The lending markets are important because many out of home companies rely on debt to finance capital expenditure and acquisitions. Debt has 3 benefits: It allows you to grow faster than you can using your own funds. […]
This week Lamar refinanced its 5 3/8% notes with 3 3/4% and 4% notes Here’s a table showing borrowing costs for the public out of home companies. Over the past year Lamar has cut borrowing costs by almost 200 basis points by a series of refinancings. The table shows that […]
Link Media Outdoor, the out of home subsidiary of Boston Omaha has added $40 million in credit facilities with First National Bank of Omaha to assist with the company’s growth. Link has borrowed $18.6 million on the facility. Here’s a summary of the terms. Term Loan 1 Availability of $24.9 […]
It has been a busy week for Clear Channel Outdoor. Insider ran a story yesterday on the announcement of their new board appointees, who will step in after iHeart Media clears bankruptcy and the two companies separate. The Company also announced a proposed private offering of Senior Subordinated Debt. The press […]
