Clear Channel Makes Tender Offer Moves

Financial Moves

CLEAR CHANNEL COMMUNICATIONS has announced the expiration and final results of its previously announced cash tender offer (the "2010 Notes Tender Offer") to purchase any and all of its outstanding 7.65% Senior Notes due in 2010.

CLEAR CHANNEL also announced the expiration and final results of the previously announced cash tender offers by its indirect wholly-owned subsidiary, CC FINCO, LLC.

The tender offer and early participation date for each Tender Offer expired at 8a ET on DECEMBER 23rd.

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