Clear Channel Holds Despite Downgrade March 09, 2009

The loans for Clear Channel Communications so far are unaffected by Moody’s Investors Service downgrade of the media and entertainment company into the C category today. San Antonio, Texas-based Clear Channel’s loans were trading in the high 30s before the downgrade and a dealer said they haven’t moved.

The loan backed the buyout of the company by Bain Capital, Thomas H. Lee Partners last year ...

--------------------------------------------------------------------------------

Subscribe Here

Request a Free Trial

Free Trial

Already Have An Account?

Email Address:

Password:

Remember me? | Forgot your password?

You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.