iHeart Lender Revolt

  • Why iHeart keeps extending the deadline for lenders to agree to their re-fi terms without sweetening it even once even though only 0.6% of their lenders are willing to take a haircut.
  • What happens to iHeart and its employees if they can’t get 80% of their lenders to agree to a pre-packaged bankruptcy?
  • What lenders know about the future of iHeartMedia.

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