Company: IHETW
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051036
Chunk: 22

Company: iHeartMedia, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 1
Chunk 22
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65,095 5,095 Incremental Term Loan Facility due 20261,500 1,500 Term Loan Facility due 2029(2)2,129,631 2,145,724 6.375% Senior Notes due 202644,644 44,644 5.25% Senior Notes due 20276,983 6,983 8.375% Senior Unsecured Notes due 202772,388 72,388 4.75% Senior Secured Notes due 2028276,868 276,868 9.125% First Lien Notes due 2029717,588 717,588 7.75% First Lien Notes due 2030661,285 661,285 7.00% First Lien Notes due 2031178,443 178,443 10.875% Second Lien Notes due 2030675,165 675,165 Other secured subsidiary debt4,094 5,008 Long-term debt fees(7,667)(8,974)Debt Premium(3)254,317 289,752 Total Debt5,120,334 5,071,469 Less: Current portion73,708 22,501 Total long-term debt$5,046,626 $5,048,968 (1)On May 22, 2025, iHeartCommunications borrowed $100.0 million under the ABL Facility, the proceeds of which were recorded as cash on the Balance Sheet as of September 30, 2025. (2)Quarterly amortization payments of $5.4 million (equal to 0.25% of the original principal amount) are required per the terms of the Term Loan Facility due 2029.(3)The difference between the carrying value of the exchanged 5.25% Senior Notes, 4.75% Senior Secured Notes, and 8.375% Senior Unsecured Notes and the principal amount of the 7.75% First Lien Notes due 2030, 7.00% First Lien Notes due 2031 and 10.875% Second Lien Notes due 2030 was recorded as debt premium and will be reduced as contractual interest payments are made.

14

IHEARTMEDIA, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED)

The Company