Fitch Downgrades iHeart's IDR to 'C'

(The following statement was released by the rating agency)
NEW YORK, December 21 (Fitch) Fitch Ratings has downgraded
Inc.’s (iHeart) Long-Term Issuer Default Rating (IDR) to ‘C’
from ‘CC’, and
affirmed all of iHeart’s individual issue ratings. Fitch has
also affirmed the
IDRs for Clear Channel Worldwide Holdings, Inc. (CCWW) and Clear
International B.V. (CCIBV) at ‘B’. CCWW and CCIBV are indirect,
subsidiaries of Clear Channel Outdoor Holdings,

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