Training | 2016.03.11
Fitch: iHeart Ratings Unaffected by Default Notice Pending Court Ruling
NEW YORK--(BUSINESS WIRE)--iHeart Communications, Inc\'s (iHeart) \'CCC\' Issuer Default Ratings (IDR) is unaffected by the receipt of a Notice of Default (NOD) received on March 7, 2016 primarily as a result of iHeart\'s request for a legal determination of the validity of the NOD. iHeart is currently operating under a temporary restraining order (TRO) it received on Mar. 9, 2016 rescinding the NOD for 14 days (the TRO can be extended for up to 14 additional days) to provide the court additional t
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