Media Contact:
Michelle Murray
Chief Marketing Officer
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com

Legal News

Clear Channel Worldwide Completes $2.725 Billion Notes Offering

Date: 11/19/12

Cahill represented the joint book-running managers in connection with the $2,725,000,000 Senior Notes offering, comprised of a $1,989,250,000 aggregate principal amount of 6.5% Series A Senior Notes due 2022 and $735,750,000 aggregate principal amount of 6.5% Series B Senior Notes due 2022 by Clear Channel Worldwide Holdings, Inc., a wholly-owned subsidiary of Clear Channel Outdoor Holdings, Inc. Proceeds from the offering will be used to refinance existing indebtedness.

Cahill is also representing the dealer managers in connection with the tender offer to repurchase any and all of Clear Channel Worldwide’s outstanding 9.25% Senior Notes due 2017.

Media Contact:
Michelle Murray
Chief Marketing Officer
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com