Private Equity News & Analysis

6 CLEAR CHANNEL COMMUNICATIONS<br/>MEDIA SLUMP

6 CLEAR CHANNEL COMMUNICATIONS<br/>MEDIA SLUMP 2009-10-01 Staff Writer <strong>Sponsors and lenders are squabbling as the static increases</strong><br> <table> <tbody> <tr> <td><strong>THE DEAL</strong></td>

By
PEI Staff
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<p> 6 CLEAR CHANNEL COMMUNICATIONS&lt;br/&gt;MEDIA SLUMP 2009-10-01 Staff Writer &lt;strong&gt;Sponsors and lenders are squabbling as the static increases&lt;/strong&gt;&lt;br&gt; &lt;table&gt; &lt;tbody&gt; &lt;tr&gt; &lt;td&gt;&lt;strong&gt;THE DEAL&lt;/strong&gt;&lt;/td&gt; </p>

Sponsors and lenders are squabbling as the static increases

THE DEAL
Company Clear Channel Communications
Type of business Media and entertainment
Date completed November 2006
Sponsors Bain Capital, Thomas H Lee Partners
Deal value $24.9 billion
Equity $3.0 billion
SNAPSHOT
Value of equity n/a
Term loan 67.75
Senior unsecured 8.875% 44.50