Pricing has once again been increased on Clear Channel's $250 million revolver and $325 million term loan. Both were launched on Nov. 17 at LIBOR plus 1 3/4% but were bumped up to LIBOR plus 2 1/2% last week after a prior first bump to LIBOR plus 2%. The office of Randall Mays, executive v.p., cfo and director of Clear Channel Communications and Clear Channel Outdoor Holdings, referred calls to a spokeswoman, who did not return a call or respond to questions. JPMorgan is leading the deal.
Pricing Bumped Up On Clear Channel Deal