Colorado Media Newsroom
September 30th, 2024, 05:30 PM
From Radio Online:
Audacy Inc. announced Monday the successful completion of its financial restructuring, reducing its funded debt by approximately $1.6 billion. The restructuring has lowered the company's debt from around $1.9 billion to $350 million, an 80% reduction, leaving Audacy with total net leverage of about 2.7
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17950)
Audacy Inc. announced Monday the successful completion of its financial restructuring, reducing its funded debt by approximately $1.6 billion. The restructuring has lowered the company's debt from around $1.9 billion to $350 million, an 80% reduction, leaving Audacy with total net leverage of about 2.7
More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17950)