美国Okays提高了iHeartMedia Inc .的外国所有权上限
U.S. okays boost in foreign ownership cap in iHeartMedia Inc

U.S. okays boost in foreign ownership cap in iHeartMedia Inc

美国Okays提高了iHeartMedia Inc .的外国所有权上限

作者: David Shepardson

11月5日,华盛顿(路透社)— —美国联邦通信委员会(U . S . Federal Communications Commission)周四表示,它已经批准了一项请愿,要求iHeartMedia Inc的投资者超过美国25%的外国投资上限。

该公司于2018年申请破产, 2019年上市。 2019年,该公司寻求批准外国债权人使用特别权证来换取该公司的股票。

总部位于德克萨斯州的圣安东尼奥公司(San Antonio)一直在努力应对私募股权所有者2008年为收购Clear Channel Communications Inc .融资179亿美元而欠下的债务。

FCC表示,该申请将“让iHeart在破产后处于更有利的财务状况,并为公司获得外国投资本提供更大的灵活性,从而让iHeart能够更好地与其他媒体公司竞争,加强其节目编排,更好地服务于公众利益” 。

iHeart在160多个市场拥有约850个美国广播电台,其iHeartRadio数字服务可在250多个平台和2 000台设备上获得。PIMCO集团要求批准持有iHeart公司32.99%的股权。PIMCO集团包括爱尔兰和德国投资者,最终由Allianz SE控制。

景顺集团寻求批准拥有高达19.99%的iHeart 。它有两个设在百慕大和联合王国的外国组织实体在其资金的纵向控制链之内

公平竞争委员会表示,任何新的或更多的外国实体直接或间接持有超过5%的股权,都必须获得委托审批。

iHeartMedia的股价在消息传出后上涨6.6% 。(David Shepardson报告; David Gregorio编辑)

By David Shepardson

WASHINGTON, Nov 5 (Reuters) - The U.S. Federal Communications Commission said Thursday it has approved a petition for iHeartMedia Inc investors to exceed the U.S. 25% foreign investment cap.

The company, which filed for bankruptcy in 2018 and then went public in 2019, sought approval in 2019 for foreign creditors to exercise special warrants in exchange for stock in the company.

The San Antonio, Texas-based company had struggled with debt that was taken on by its private equity owners in 2008 to finance a $17.9 billion leveraged buyout of Clear Channel Communications Inc.

The FCC said the petition will "enable iHeart to be in a stronger financial condition post-bankruptcy and provide the company greater flexibility to access foreign investment capital, thereby allowing iHeart to better compete with other media companies, enhance its programming, and better serve the public interest."

iHeart owns about 850 U.S. radio stations in over 160 markets and its iHeartRadio digital service is available on more than 250 platforms and 2,000 devices. PIMCO Group sought approval to hold up to 32.99% of the equity interest in iHeart. PIMCO group, which includes Irish and German investors is ultimately controlled by Allianz SE.

Invesco Group sought approval to own up to 19.99% of iHeart. It has two foreign-organized entities based in Bermuda and the United Kingdom within its funds' vertical chain of control

The FCC said iHeart must obtain commission approval for any new or additional foreign entities to hold, directly or indirectly, more than 5% of the equity.

iHeartMedia shares closed up 6.6% before news of the FCC announcement came after the bell. (Reporting by David Shepardson; Editing by David Gregorio)

By David Shepardson

作者: David Shepardson

WASHINGTON, Nov 5 (Reuters) - The U.S. Federal Communications Commission said Thursday it has approved a petition for iHeartMedia Inc investors to exceed the U.S. 25% foreign investment cap.

11月5日,华盛顿(路透社)— —美国联邦通信委员会(U . S . Federal Communications Commission)周四表示,它已经批准了一项请愿,要求iHeartMedia Inc的投资者超过美国25%的外国投资上限。

The company, which filed for bankruptcy in 2018 and then went public in 2019, sought approval in 2019 for foreign creditors to exercise special warrants in exchange for stock in the company.

该公司于2018年申请破产, 2019年上市。 2019年,该公司寻求批准外国债权人使用特别权证来换取该公司的股票。

The San Antonio, Texas-based company had struggled with debt that was taken on by its private equity owners in 2008 to finance a $17.9 billion leveraged buyout of Clear Channel Communications Inc.

总部位于德克萨斯州的圣安东尼奥公司(San Antonio)一直在努力应对私募股权所有者2008年为收购Clear Channel Communications Inc .融资179亿美元而欠下的债务。

The FCC said the petition will "enable iHeart to be in a stronger financial condition post-bankruptcy and provide the company greater flexibility to access foreign investment capital, thereby allowing iHeart to better compete with other media companies, enhance its programming, and better serve the public interest."

FCC表示,该申请将“让iHeart在破产后处于更有利的财务状况,并为公司获得外国投资本提供更大的灵活性,从而让iHeart能够更好地与其他媒体公司竞争,加强其节目编排,更好地服务于公众利益” 。

iHeart owns about 850 U.S. radio stations in over 160 markets and its iHeartRadio digital service is available on more than 250 platforms and 2,000 devices. PIMCO Group sought approval to hold up to 32.99% of the equity interest in iHeart. PIMCO group, which includes Irish and German investors is ultimately controlled by Allianz SE.

iHeart在160多个市场拥有约850个美国广播电台,其iHeartRadio数字服务可在250多个平台和2 000台设备上获得。PIMCO集团要求批准持有iHeart公司32.99%的股权。PIMCO集团包括爱尔兰和德国投资者,最终由Allianz SE控制。

Invesco Group sought approval to own up to 19.99% of iHeart. It has two foreign-organized entities based in Bermuda and the United Kingdom within its funds' vertical chain of control

景顺集团寻求批准拥有高达19.99%的iHeart 。它有两个设在百慕大和联合王国的外国组织实体在其资金的纵向控制链之内

The FCC said iHeart must obtain commission approval for any new or additional foreign entities to hold, directly or indirectly, more than 5% of the equity.

公平竞争委员会表示,任何新的或更多的外国实体直接或间接持有超过5%的股权,都必须获得委托审批。

iHeartMedia shares closed up 6.6% before news of the FCC announcement came after the bell. (Reporting by David Shepardson; Editing by David Gregorio)

iHeartMedia的股价在消息传出后上涨6.6% 。(David Shepardson报告; David Gregorio编辑)