Tag: moody’s

Clear Channel to Issue $350 Million in Debt

Clear Channel Outdoor Holdings announced that its international subsidiary Clear Channel International B.V.  plans to issue $350 million in Senior Secured Notes due 2025 (the “Notes”) in a private placement.  The notes will be secured by some international assets but will not have a claim against the company’s North American […]

Lamar Ratings Unchanged by Moody’s

New York, December 21, 2018 — Moody’s Investors Service (Moody’s) said Lamar Advertising Company’s ratings are unchanged following the acquisition of billboards in five markets located in North Carolina, South Carolina, Georgia and Wisconsin from Fairway Outdoor Advertising for $418.5 million. Pro forma leverage is expected to increase to 4.0x […]