$250,000,000
Clear Channel Communications, Inc.
6.25% Senior Notes due 2011
FREE WRITING PROSPECTUS
|
Issuer:
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Clear Channel Communications, Inc. | |
|
Size:
|
$250,000,000 | |
|
Security Type:
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Senior Notes | |
|
Coupon:
|
6.25% | |
|
Format:
|
SEC Registered | |
|
Maturity:
|
March 15, 2011 | |
|
Price to Public:
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$98.997 (exclusive of accrued interest) | |
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Yield:
|
6.505% | |
|
Accrued Interest:
|
$6,250,000.00 | |
|
Spread to Treasury:
|
+ 165 bps | |
|
Benchmark Treasury:
|
4.875% due 7/31/2011 | |
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Treasury Spot:
|
100-2 3/4 | |
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Coupon Dates:
|
The 15th day of each March and September | |
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First Coupon:
|
9/15/2006 | |
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Settlement:
|
T+3 (August 15, 2006) | |
|
Optional Redemption:
|
M/W + 25 bps | |
|
Joint Bookrunning Managers:
|
Banc of America Securities LLC Credit Suisse Securities (USA) LLC |
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Banc of America Securities LLC toll free at 1-800-294-1322 or Credit Suisse Securities (USA) LLC at 1-800-221-1037 or you may e-mail a request to dg.prospectus distribution@bofasecurities.com