Company: CCO
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001193125-25-077985
Chunk: 0

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 0
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box:

| ☐ |     | Preliminary Proxy Statement                                                    |
| ☐ |     | Confidential, for Use of the Commission Only (as permitted by Rule14a-6(e)(2)) |
| ☒ |     | Definitive Proxy Statement                                                     |
| ☐ |     | Definitive Additional Materials                                                |
| ☐ |     | §240.14a-12                                                                    |

Clear Channel Outdoor Holdings, Inc. (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check all boxes that apply):

| ☒ |     | No fee required                                |
| ☐ |     | Fee paid previously with preliminary materials |
| ☐ |     | Rules 14a-6(i)(1)                              
 0-11                                           |

| A LETTER FROM OUR CEO AND THE INDEPENDENT CHAIR OF OUR BOARD |

April 10, 2025 Dear Fellow Stockholders: On behalf of the Board of Directors of Clear Channel Outdoor Holdings, Inc. (“Clear Channel Outdoor”), it is our pleasure to invite you to our annual meeting of stockholders (the “Annual Meeting”). During the past year, we continued to execute on our strategic plan, which is centered on enhancing our ability to drive organic cash flow—with the ultimate goal of reducing leverage on our balance sheet. The sale of our Europe-North segment, as well as the sale of most of our businesses in Latin America, mark significant progress in the optimization of our portfolio and solidify our ability to focus on our higher-margin U.S. markets. We are optimistic about our ability to complete these optimization processes through the sale of our international businesses in Spain and Brazil. We believe that these divestitures will increase optionality and reduce risk in our business. We anticipate prioritizing the sales proceeds to retire the most advantageous debt in our capital structure, as permitted in our debt agreements, to reduce cash interest and improve cash flows. In 2025, we expect strength in our business to build as the year develops with healthy revenue growth and improved cash flows. Fueling our optimism is the benefit from the more diverse revenue profile