Company: CCO
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001334978-25-000037
Chunk: 40

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 40
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 consisted of the following:(In thousands)MaturitySeptember 30,2025December 31,2024Receivables-Based Credit Facility(1)June 2030$— $— Revolving Credit Facility(2)June 2030— — Term Loan FacilityAugust 2028425,000 425,000 Clear Channel Outdoor Holdings 5.125% Senior Secured Notes(3)August 2027— 1,250,000 Clear Channel Outdoor Holdings 9.000% Senior Secured Notes(3)September 2028— 750,000 Clear Channel Outdoor Holdings 7.875% Senior Secured NotesApril 2030865,000 865,000 Clear Channel Outdoor Holdings 7.125% Senior Secured Notes(3)February 20311,150,000 — Clear Channel Outdoor Holdings 7.500% Senior Secured Notes(3)March 2033900,000 — Clear Channel Outdoor Holdings 7.750% Senior Notes(4)April 2028899,311 995,000 Clear Channel Outdoor Holdings 7.500% Senior Notes(4)June 2029905,950 1,040,000 Clear Channel International B.V. Term Loan Facility(5)— 375,000 Finance leases3,699 3,974 Original issue discount(3,917)(7,313)Long-term debt fees(44,931)(36,356)Total debt5,100,112 5,660,305 Less: Current portion299 348 Total long-term debt$5,099,813 $5,659,957 (1)On June 12, 2025, the Company amended its Receivables-Based Credit Agreement to, among other things, extend the maturity date of the Receivables-Based Credit Facility from August 23, 2026 to June 12, 2030, increase the maximum revolving credit commitments from $175.0 million to $200.0 million, and revise the calculation of the borrowing base to expand the scope of eligible accounts.(2)On June 12, 2025, the Company amended its Senior Secured Credit Agreement to, among other things, extend the maturity date of the Revolving Credit Facility from August 23, 2026 to June 12, 2030 and reduce the revolving credit commitments from $115.8 million to $