iHeartMedia Files For IPO



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.

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