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Clear Channel Communications News

News on Clear Channel Communications (Ticker: CCU) continually updated from thousands of sources around the net.

Friday Sep 12 | AmericanBankingNews.com

Compania Cervecerias Unidas S.A. Lifted to "Neutral" at Zacks

The firm currently has a $22.90 price target on the stock. Zacks 's target price would indicate a potential upside of 2.42% from the company's current price.

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Related Topix: Television, Media, Radio

Thu Sep 11, 2014

The Washington Post

Junk Blitz Making September Busiest Since 2008: Credit Markets

The riskiest borrowers are leading to the busiest a September in at least six years for speculative-grade bond sales in the U.S. as Moody's Investors Service warns that protections in the debt are declining. J.C. Penney Co., the retailer whose liquidity Goldman Sachs Group Inc. warned a year ago was under strain, is among issuers that have sold or are planning more than $17.5 billion in bonds this month, data compiled by Bloomberg show.

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Related Topix: Financial Services, Moodys, Goldman Sachs, Investment Services, Financial Markets, Steel, Mining, AK Steel Holding, Media, Radio, Television, Management

Wed Sep 10, 2014

Hispanic Business

Clear Channel Communications Inc Files (8-K) Disclosing Entry into a...

CLEAR CHANNEL COMMUNICATIONS INC FILES Disclosing Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Other Events, Financial Statements and Exhibits completed the sale to several initial purchasers represented by Goldman, Sachs & Co. and Morgan Stanley & Co.

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Related Topix: Media, Radio, Television, Stanley, Goldman Sachs, Financial Services, Investment Services, Corporate / Securities Law, Law

Hispanic Business

Clear Channel Communications, Inc. Announces Closing of Offering of...

The Notes are fully and unconditionally guaranteed on a senior secured basis by CCU's parent, , and all of CCU's existing and future material wholly-owned domestic restricted subsidiaries. The Notes and the related guarantees are secured by a lien on the capital stock of CCU and certain property and related assets that do not constitute 'principal property' , in each case equal in priority to the liens securing the obligations under CCU's senior secured credit facilities and existing priority guarantee notes and a lien on the accounts receivable and related assets securing CCU's receivables based credit facility junior in priority to the lien securing CCU's obligations thereunder.

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Related Topix: Television, Media, Radio, Corporate / Securities Law, Law

Cape Cod Times

Clear Channel takes over Cape stations

The ownership of four Cape FM radio stations was transferred Tuesday to Clear Channel Communications, the general manager of the stations confirmed. The stations - WCOD, featuring rock and pop; WCIB, known for classic hits; WXTK, with talk and news; and WEEI sports radio - were formerly owned by Qantum Communications, based in Stamford, Connecticut.

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Related Topix: Media, Radio, Television, Stamford, CT

Fri Sep 05, 2014

Business Wire

Fitch Rates Clear Channel's Priority Guarantee Notes Due 2022 'CCC/RR4'

Proceeds from the offering are expected to be used to pay $729 million of Term Loan B due 2016 and $12.1 million of Term Loan C due 2016 and to pay fees and expenses related to the offering and prepayment. The Rating Outlook on Clear Channel is Negative.

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Related Topix: Television, Media, Radio

Hispanic Business

Clear Channel Communications, Inc. Announces Proposed Private...

The Notes will be fully and unconditionally guaranteed on a senior secured basis by CCU's parent, , and all of CCU's existing and future material wholly-owned domestic restricted subsidiaries. The Notes and the related guarantees will be secured by a lien on the capital stock of CCU and certain property and related assets that do not constitute 'principal property' , in each case equal in priority to the liens securing the obligations under CCU's senior secured credit facilities and existing priority guarantee notes and a lien on the accounts receivable and related assets securing CCU's receivables based credit facility junior in priority to the lien securing CCU's obligations thereunder.

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Related Topix: Television, Media, Radio, Corporate / Securities Law, Law

Business Journal

The Take: Clear Channel dumps 'Rush' brand and Toyota unveils "backseat driver"

The Take is a recurring blog featuring a daily rundown of news and views of interest to San Antonio.

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Related Topix: Media, Radio, Television, Rush Limbaugh

Wed Sep 03, 2014

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

Un f... )--Amazon announces KDP Kids, designed to help children's book authors prepare, publish and promote their books in Kindle Stores worldwide.

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Related Topix: Television, Media, Radio, World Fuel Services Corporation, Oil & Gas, Energy

Mon Sep 01, 2014

Sys-Con Media

David Drake, CEO of LDJ Capital to Be Interviewed Live on Clear...

Mr. Drake will be talking about their expertise in business development and substantial access to capital markets.

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Related Topix: Media, Radio, Television, Financial Markets, The Voice, Pop/Rock

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