Company: IHETW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001400891-25-000009
Chunk: 138

Company: iHeartMedia, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 138
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 (1,158)75,523 Conversions and other(9,752)— 9,457 — (295)Balance at December 31, 2024$73,264 $13,972 $81,226 $— $168,462 

Equity method investments in the table above are not consolidated, but are accounted for under the equity method of accounting. The Company records its investments in these entities on the balance sheet within “Other assets.” The Company's interests in the operations of equity method investments are recorded in the statement of comprehensive loss as Equity in loss of nonconsolidated affiliates. Other investments includes various investments in companies for which there is no readily determinable market value. The Company enters into these investments in exchange for advertising services and cash. 

75

IHEARTMEDIA, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 6 – LONG-TERM DEBT

Long-term debt outstanding consisted of the following:(In thousands)December 31,2024December 31,2023Asset-based Revolving Credit Facility due 2027(1)$— $— Term Loan Facility due 2026(2)5,095 1,864,032 Incremental Term Loan Facility due 2026(2)1,500 401,220 Term Loan Facility due 2029(2)2,145,724 — 6.375% Senior Notes due 2026(2)(3)44,644 800,000 5.25%  Senior Notes due 2027(2)(3)6,983 750,000 8.375% Senior Unsecured Notes due 2027(2)72,388 916,357 4.75% Senior Secured Notes due 2028(2)276,868 500,000 9.125% First Lien Notes due 2029(2)717,588 — 7.75% First Lien Notes due 2030(2)661,285 — 7.00% First Lien Notes due 2031(2)178,443 — 10.875% Second Lien Notes due 2030(2)675,165 — Other subsidiary debt(4)5,008 3,367 Original issue discount(4,247)(7,558)Long-term debt fees(8,