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Thank you for your interest in BankruptcyData's iHeartMedia Chapter 11 Stock Report

As a professional interested in the corporate bankruptcy sector, we are happy to offer you, free of charge, a copy of our iHeartMedia Chapter 11 Stock Report. Packed with more than 20 pages of analytical charts and graphs, corporate history and investing forecasts, this report offers a quick and helpful snapshot of the much-anticipated U.S. Bankruptcy Court proceeding; the media and telecommunications industries, in general, and iHeartMedia's future prospects. Just click any of the Download buttons to receive your free report.

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As detailed more fully in this Chapter 11 Stock Report, iHeartMedia has struggled since its 2008 LBO. The Company was on the receiving end of countless rating downgrades and struggled unsuccessfully to reassure investors and reduce its heavy debt load. Rumors of a looming Chapter 11 restructuring began circulating back in 2016. The dire nature of iHeartMedia's situation became clear when IHRT released its full year 2016 financial results in February 2017.

In terms of post-bankruptcy investment opportunities, BankruptcyData notes the following:

  • IHRT Common stock: As the stock will likely become worthless in a bankruptcy, we see no attractive investment opportunity for IHRT shares while the company is in the Chapter 11 process. 
  • CCO Common stock: The shares could appreciate significantly, but would be highly speculative as the company would likely become part of the claims-paying pool available to all of iHeart claimholders. It is possible that the CCO shares would become worthless. However, there is a possibility that the shares could have an exit value ranging from $3.57/share to $8.10/share (compared to the current $0.65/share price), depending upon several factors.

Download the full PDF of our iHeartMedia Chapter 11 Stock Report directly to your browser to read the full summary and see all the filing statistics.

 

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