05.09.2014 19:59:00

CCU Escrow Corporation -- Moody's assigns Caa1 ratings to Clear Channel Communications new PGN note

New York, September 05, 2014 -- Moody's Investors Service (Moody's) assigned a Caa1 rating to Clear Channel Communications, Inc.'s (Clear Channel) proposed $750 million Priority Guarantee Notes (PGN) maturing in 2022. Clear Channel's corporate family rating (CFR) is unchanged at Caa2. The outlook remains stable.

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