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CCO - Clear Channel Outdoor Holdings raises $1B debt capital
Clear Channel Outdoor Holdings Inc. Class A
Clear Channel Outdoor Holdings (CCO) +3% premarket, to offer $1B of senior unsecured notes due 2028 in a private offering. Proceeds together with cash on hand will be used to redeem $94M of its 9.25% senior notes due 2024 of Clear Channel Worldwide Holdings, a subsidiary of the company.