iHeartMedia (company)

iHeartMedia (company)

iHeartMedia is a San Antonio-based company founded in 2008.

Key facts

Legal NameiHeartMedia, Inc.
Company Operating StatusActive
Ticker SymbolIHRT

Capital structure

InstrumentCouponMaturityAmountSource
9.125% Senior Secured Notes due 2029 · First Lien9.125%source ↗
7.750% Senior Secured Notes due 2030 · First Lien7.750%source ↗
7.000% Senior Secured Notes due 2031 · First Lien7.000%source ↗
Credit Agreement · First Liensource ↗

Covenant analysis

CovenantTermvs marketSource
Intercreditor Agreement Joinder Requirement · Structural / IntercreditorAdditional Collateral Agent in respect of Additional Senior Class Debt is required to become subject to and bound by the Intercreditor Agreement as a condition to incurring Additional First Lien Obligationssource ↗
Refinancing Joinder Requirement · Structural / IntercreditorUpon a Refinancing of the Credit Agreement Obligations, the collateral agent in respect of such financing arrangement must execute and deliver a joinder in the form of this Joinder Agreementsource ↗
Governing Law · AdministrativeLaws of the State of New Yorksource ↗