Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Outfront Media Inc. > News item |
Outfront reduces term loan to $678.9 million with $70 million payments
By Angela McDaniels
Tacoma, Wash., Nov. 7 – Outfront Media Inc. made $60 million of discretionary payments on its term loan during the nine months ended Sept. 30 and an additional $10 million discretionary payment on Oct. 31, according to the company’s earnings release for the third quarter.
The amount of debt outstanding under the term loan was $688.9 million as of Sept. 30. The latest payment reduced that to $678.9 million.
Outfront Media is a New York-based lessor of billboards and other out-of-home advertising space.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.