Clear Channel Burning Cash to Delay Reckoning: Corporate Finance – Bloomberg
|
Clear Channel Burning Cash to Delay Reckoning: Corporate Finance
Bloomberg Clear Channel Communications Inc. is offering to double interest to push out maturities on some of the $ 4.3 billion it owes, just as the most-leveraged U.S. broadcaster suffers the first cash-flow deficit in four years. The company said on Nov. 25 that … |
