Wall Street: iHeart Bankruptcy Early 2018

INSIDE …

  • This is not me saying it – it’s the timeline of Wall Street moneylenders that buy and sell debt. Their prediction.
  • Why the next two years are relatively safe but if this one thing happens then all bets are off. Details.
  • The reason iHeart can’t sell its outdoor division for many billions to buy more time – they’d like to but for this one compelling reason.
  • The move co-owner Bain is now making anticipating the risk of bankruptcy.
  • Where this leaves the people who work for iHeart now including current employees, severance workers and pensioners.

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