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LONG-TERM DEBT (Tables) | 9 Months Ended
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Sep. 30, 2025
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt Outstanding | Long-term debt outstanding for the Company consisted of the following:
(In thousands) | September 30, 2025 |  | December 31, 2024
Asset-based Revolving Credit Facility due 2027(1) | $ | 100,000 |  |  | $ | — |
Term Loan Facility due 2026 | 5,095 |  |  | 5,095 |
Incremental Term Loan Facility due 2026 | 1,500 |  |  | 1,500 |
Term Loan Facility due 2029(2) | 2,129,631 |  |  | 2,145,724 |
6.375% Senior Notes due 2026 | 44,644 |  |  | 44,644 |
5.25% Senior Notes due 2027 | 6,983 |  |  | 6,983 |
8.375% Senior Unsecured Notes due 2027 | 72,388 |  |  | 72,388 |
4.75% Senior Secured Notes due 2028 | 276,868 |  |  | 276,868 |
9.125% First Lien Notes due 2029 | 717,588 |  |  | 717,588 |
7.75% First Lien Notes due 2030 | 661,285 |  |  | 661,285 |
7.00% First Lien Notes due 2031 | 178,443 |  |  | 178,443 |
10.875% Second Lien Notes due 2030 | 675,165 |  |  | 675,165 |
Other secured subsidiary debt | 4,094 |  |  | 5,008 |
Long-term debt fees | (7,667) |  |  | (8,974) |
Debt Premium(3) | 254,317 |  |  | 289,752 |
Total Debt | 5,120,334 |  |  | 5,071,469 |
Less: Current portion | 73,708 |  |  | 22,501 |
Total long-term debt | $ | 5,046,626 |  |  | $ | 5,048,968 |
(1)On May 22, 2025, iHeartCommunications borrowed $100.0 million under the ABL Facility, the proceeds of which were recorded as cash on the Balance Sheet as of September 30, 2025. (2)Quarterly amortization payments of $5.4 million (equal to 0.25% of the original principal amount) are required per the terms of the Term Loan Facility due 2029. (3)The difference between the carrying value of the exchanged 5.25% Senior Notes, 4.75% Senior Secured Notes, and 8.375% Senior Unsecured Notes and the principal amount of the 7.75% First Lien Notes due 2030, 7.00% First Lien Notes due 2031 and 10.875% Second Lien Notes due 2030 was recorded as debt premium and will be reduced as contractual interest payments are made.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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