(Source: CC Media Holdings Inc) Clear Channel Communications, Inc. Seeks Extensions of Existing Term Loans and Announces Proposed Private Notes Exchange Offer San Antonio, November 25, 2013. Clear Channel Communications, Inc. ("CCU") announced today that it is seeking, subject to market and customary conditions, to extend $1.0 billion in aggregate principal amount of outstanding term loans B and C due January 2016 until July 2019. The new extended term loans will have the same security and guarantee package as the outstanding term loans B, C and D. Consummation of the term loan extension is subject to the satisfaction or waiver of certain conditions, including the submission for extension of...
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