Bond Bright Channel Holdings Inc 7.875% ( USU1828LAE84 ) in USD

Issuer	Bright Channel Holdings Inc
Market price	105.286 % ⇌
Country	United States
ISIN code	USU1828LAE84 ( in USD )
Interest rate	7.875% per year ( payment 2 times a year)
Maturity	31/03/2030
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	2 000 USD
Total amount	865 000 000 USD
Cusip	U1828LAE8
Standard & Poor's ( S&P ) rating	B ( Highly speculative )
Next Coupon	01/04/2026 ( In 52 days )
Detailed description	Clear Channel Outdoor Holdings, Inc. is a global outdoor advertising company that owns and operates a diverse portfolio of billboard, transit, and other out-of-home advertising displays across numerous countries. An analysis of a specific corporate bond issued by Clear Channel Outdoor Holdings Inc. offers insights into the high-yield debt market. Clear Channel Outdoor Holdings Inc. (NYSE: CCO) operates as one of the world's largest out-of-home advertising companies, specializing in billboard displays, street furniture, and airport advertising, connecting brands with audiences across various geographical markets, primarily in the United States and Europe. This particular bond, identified by ISIN USU1828LAE84 and CUSIP U1828LAE8, is a U.S.-issued fixed-income instrument denominated in USD, carrying a coupon rate of 7.875% with semi-annual payments. The bond matures on March 31, 2030, and currently trades at 101.5% of its par value on the open market. The total size of this issuance amounted to $865,000,000, with a minimum purchase size set at $2,000 for investors. Standard & Poor's (S&P) has assigned a credit rating of 'B' to this issuance, indicating that it is considered speculative and carries significant credit risk, suggesting that while the issuer currently has the capacity to meet its financial commitments, adverse economic conditions or changes in circumstances are more likely to impair its capacity or willingness to do so.