Audacy Successfully Completes Financial Restructuring; Emerges …
网页2024年9月30日 · PHILADELPHIA, PA – September 30, 2024 – Audacy, Inc. (the “Company” or “Audacy”) announced today that it has successfully completed its financial restructuring, implementing a fully consensual, deleveraging transaction that equitized approximately $1.6 billion of funded debt, a reduction …
Audacy Wastes No Time: Bankruptcy Restructuring Approved.
网页6 天之前 · Audacy, which owns more than 220 radio stations in 45 markets, filed for bankruptcy to restructure its balance sheet. Under the plan approved by a federal judge in February, Audacy’s will emerge from the process with access to new loans and financing.
Audacy Successfully Completes Financial Restructuring; Emerges …
网页PHILADELPHIA, September 30, 2024--Audacy, Inc. (the "Company" or "Audacy") announced today that it has successfully completed its financial restructuring, implementing a fully consensual,...
Audacy completes its financial restructuring and now plans to go ...
网页6 天之前 · Radio network Audacy on Monday shared that it completed its financial restructuring, successfully reducing its approximately $1.9 billion of funded debt by 80%, to $350 million.
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FCC Approves Radio License Transfers to Allow Audacy to ... - U.S. News
网页2024年9月30日 · WASHINGTON (Reuters) - The Federal Communications Commission said Monday it had voted to approve the transfer of radio station licenses to allow Audacy, one of the largest radio and podcast...
Audacy Reaches Agreement with a Supermajority of its …
网页2024年1月7日 · Under the terms of the RSA, a supermajority of debtholders committed to vote in favor of the Plan, which, when approved, will reduce Audacy’s funded debt from approximately $1.9 billion to approximately $350 million. Audacy’s debtholders will receive equity in reorganized Audacy.
Audacy Gets Court Approval to Exit Bankruptcy, Hand Ownership …
网页2024年2月20日 · Radio and podcast company Audacy Inc. received court approval on Tuesday to emerge from bankruptcy and hand ownership to creditors including Soros Fund Management.
Audacy Reaches Agreement with a Supermajority of its …
网页2024年1月7日 · Agreement Enables Audacy to Capitalize on its Strategic Transformation into a Scaled, Leading Multi-Platform Audio Content and Entertainment Company with Distinctive Competitive Advantages.
Audacy Provides Strong Performance Update Following …
网页2024年3月12日 · "Audacy is off to a strong start in 2024, driving accelerated financial and operating performance, including solid early growth in revenues, key digital metrics, and audience and revenue shares...
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