Clear Channel Outdoor Holdings Inc. (CCO) announced the closing of the offering of $500 million aggregate principal amount of Series A Senior Notes due 2017 and $2 billion aggregate principal amount of Series B Senior Notes due 2017 by its subsidiary, Clear Channel Worldwide Holdings Inc.
Clear Channel Worldwide will loan the proceeds from the issuance and sale of the Notes to Clear Channel Outdoor Holdings, which in turn will use a portion of the net proceeds to repay approximately $2.0 billion aggregate principal amount of indebtedness owed to Clear Channel Communications.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.