[ Reply To a Current Topic | Chicago Media Chat Message Forum ]
Posted by Hunter
on October 10, 2023, 8:20 pm, in reply to "Re: Audacy Skips $18 Million Loan Payment To ‘Facilitate” Talks With Lenders - Ready for Bankruptcy?"
I have a question in regard to the Audacy issue.
If this radio company continues to skip loan payments, would the bank/lenders take over?
I'm guessing they aren't interested in programming radio stations in numerous cities. Would the next step simply be to sell enough property to meet the loans plus interest?
272
Copyright © 2007 - 2025 ChicagoMediaChat.Com - All rights reserved.