Welcome to our dedicated page for Clear Channel Outdoor Hldgs In SEC filings (Ticker: CCO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Clear Channel Outdoor Holdings, Inc. filings document material-event disclosures for an out-of-home advertising company with common stock listed on the New York Stock Exchange under CCO. Recent Form 8-K reports cover operating results, material definitive agreements, shareholder voting matters, governance updates and capital-structure disclosures.
The filing record includes supplemental indentures tied to senior secured notes due in 2030, 2031 and 2033, with subsidiary guarantor and collateral-agent arrangements. Other disclosures address executive employment and compensation arrangements, financial-result releases, registered equity-security information and governance matters affecting the company’s public-company reporting profile.
Clear Channel Outdoor Holdings, Inc. entered into a Third Amendment to its asset-based lending credit agreement, conditional on closing its previously announced merger with Madison Parent Inc. The amendment extends the credit facility’s maturity to five years from the amendment’s effective date and increases revolving credit commitments from $200,000,000 to $250,000,000.
The borrowing base is revised to expand eligible accounts, and new flexibility is added to permit qualified securitization financings. The amendment also changes the “Change of Control” definition so that the merger will not trigger a default, allowing the company to maintain this key financing after it becomes a wholly owned subsidiary of Madison Parent.
Clear Channel Outdoor Holdings, Inc. stockholders approved the company’s pending acquisition by an investor consortium advised by Mubadala Capital, in partnership with TWG Global, at a special meeting held on May 12, 2026. The merger will combine the company with Madison Merger Sub Inc., leaving Clear Channel as a wholly owned subsidiary of Madison Parent Inc.
As of the April 6, 2026 record date, there were 506,416,345 shares outstanding, and 411,434,631 shares were present or represented by proxy, a quorum of about 81.24%. The merger proposal received 410,785,278 votes for, with minimal opposition, and an advisory, non-binding vote also approved the merger-related compensation for named executive officers. The filing also highlights numerous risks that could still prevent or delay closing, including failure to obtain regulatory approvals, potential termination of the merger agreement, litigation, business restrictions during the merger process, and retention challenges for key personnel and customers.
Clear Channel Outdoor reported a first‑quarter 2026 net loss attributable to the company of $48.6 million, compared with a profit a year earlier that was boosted by large gains on asset sales. Revenue from continuing operations rose 11.9% to $373.9 million, led by growth in the America and Airports segments and strong digital advertising demand, including Super Bowl‑related activity in the San Francisco Bay Area.
Segment Adjusted EBITDA from continuing operations increased to $127.3 million, while the company remained highly leveraged with $5.1 billion of debt and $201.6 million of cash, including discontinued operations. Management highlighted a pending all‑cash take‑private merger at $2.43 per share and a planned €115 million sale of its Spain business, with anticipated proceeds targeted to reduce debt, subject to the merger outcome.
Clear Channel Outdoor Holdings reported first-quarter 2026 results and updated progress on its pending take-private merger. The investor consortium led by Mubadala Capital and TWG Global has agreed to acquire all outstanding shares for $2.43 per share in cash, with closing expected by the end of the third quarter of 2026, subject to stockholder and regulatory approvals. A special stockholder meeting is set for May 12, 2026, and the Hart-Scott-Rodino waiting period expired on April 9, 2026.
For the quarter ended March 31, 2026, revenue rose to $373.9 million, up 11.9% from 2025, driven by 9.6% growth in America and 19.1% growth in Airports. Loss from continuing operations narrowed to $49.4 million, while Adjusted EBITDA increased 31.0% to $103.8 million. AFFO improved to a positive $6.5 million from a loss a year earlier. The company ended the quarter with $182.4 million of cash and $5.1 billion of total debt and expects to pay about $308 million of cash interest for the remainder of 2026 and $391 million in 2027. In light of the pending merger, the company is not hosting an earnings call or providing financial guidance.
Clear Channel Outdoor Holdings, Inc. executive Lynn Feldman reported equity-based compensation activity involving performance and restricted stock units. On April 29, 2026, Feldman acquired 196,078 shares of common stock at $0.00 per share upon satisfaction of performance criteria for performance stock units.
On the same date, the company withheld 224,446 shares at $2.40 per share to cover tax obligations related to the vesting of these performance stock units, which is a non-market, tax-withholding disposition. Feldman also received a grant of 458,333 restricted stock units, which vest in full on April 29, 2027, bringing direct holdings to 2,009,674 common shares after these transactions.
Clear Channel Outdoor Holdings executive David Sailer reported stock-based compensation activity involving the company’s common stock. He received 196,078 shares earned from performance stock units after meeting performance criteria, and separately was granted 291,666 restricted stock units that will vest in full on April 29, 2027.
To cover related tax withholding obligations, 142,829 shares were withheld by the company at a price of $2.40 per share, which is a non-market, tax-related disposition rather than an open-market sale. After these transactions, Sailer directly owns 1,326,779 shares of Clear Channel Outdoor common stock.
Clear Channel Outdoor Holdings Chief Accounting Officer Jason Dilger reported equity compensation transactions. He acquired 49,019 shares of common stock upon satisfaction of performance criteria tied to performance stock units, and the company withheld 65,128 shares at $2.40 per share to cover tax obligations on the vesting. He also received a grant of 165,509 restricted stock units that vest in full on April 29, 2027. Following these award and tax-withholding entries, he holds 858,819 shares of common stock directly.
Clear Channel Outdoor Holdings chief executive Scott Wells reported equity compensation changes involving the company’s common stock. He received 560,224 shares earned upon meeting performance criteria for performance stock units and a separate grant of 1,564,814 restricted stock units that vest in full on April 29, 2027.
The company withheld 615,755 shares at $2.40 per share to cover tax obligations tied to the vesting of performance stock units, a non-market, tax-related disposition rather than an open-market sale. After these transactions, Wells directly holds 6,098,016 common shares and indirectly holds 40,000 shares through family trusts.
Clear Channel Outdoor Holdings EVP and Chief Revenue Officer Robert McCuin reported equity compensation and related tax withholding in company stock. On April 29, 2026, he acquired 105,042 shares of Common Stock earned upon satisfaction of performance criteria for performance stock units, and separately 416,666 restricted stock units that vest in full on April 29, 2027. On the same date, 210,750 shares were withheld by the company to cover tax withholding obligations tied to vesting of performance stock units. After these transactions, he directly held 1,132,909 shares of Common Stock according to the filing.
Clear Channel Outdoor Holdings has secured lender and bondholder consent to modify key debt terms tied to its planned merger with Madison Parent Inc. The company executed supplemental indentures for its 7.875% notes due 2030, 7.125% notes due 2031 and 7.500% notes due 2033, and a seventh amendment to its credit agreement.
The amendments change the definition of “Change of Control” so that the planned merger will not trigger change-of-control provisions under these instruments. The changes become operative immediately before the merger closes and fall away if the merger agreement is terminated and the merger is not completed.