iHEARTMEDIA has filed a Form S-1 Initial Public Offering registration statement with the SEC.
The IPO, underwritten by GOLDMAN SACHS and MORGAN STANLEY, proposes offering Class A common stock in a maximum aggregate offering priced temporarily at $100 million. The filing says that the company will ultimately have two classes of shares, although it does not set a specific number of shares to be issued. iHEARTMEDIA is preparing to emerge from Chapter 11 bankruptcy reorganization.
See the IPO filing here.