$500,000,000
Clear Channel Communications, Inc.
6.25% Senior Notes due 2011
FREE WRITING PROSPECTUS
|
Issuer:
|
Clear Channel Communications, Inc. | |
|
Size:
|
$500,000,000.00 | |
|
Security Type:
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Senior Notes | |
|
Coupon:
|
6.25% | |
|
Format:
|
SEC Registered | |
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Maturity:
|
March 15, 2011 | |
|
Price:
|
$99.854 | |
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Yield:
|
6.285% | |
|
Spread to Treasury:
|
+ 160 bpsn | |
|
Benchmark Treasury:
|
4.5% due 2/28/2011 | |
|
Treasury Spot:
|
99-06 | |
|
Coupon Dates:
|
The 15th day of each March and September | |
|
First Coupon:
|
9/15/2006 | |
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Settlement:
|
T+5 (March 21, 2006) | |
|
Optional Redemption:
|
M/W + 25 bps | |
|
Joint Bookrunning Managers:
|
Banc of America Securities LLC | |
| Wachovia Securities |
The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission 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 Securities and Exchange Commission for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the Securities and Exchange Commission’s 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 toll-free 1-800-294-1322.
Any legends, disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of this communication having been sent via Bloomberg or another system.