Why iHeartMedia Debt Levels Spooked Topeka?

By on Feb, 18 2016 with Comment 1

clear-channel-outdoorIHeartMedia’s debt-levels are becoming too much for Broker-dealer Topeka Capital Markets.

The company has downgraded Clear Channel Outdoor Holdings two points to Sell from a previous Buy recommendation.

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About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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