Key facts
- OUTFRONT Media unit issued $500 million in senior notes.
- The senior notes carry a 6% interest rate.
- The funds raised will be used to improve the company's capital structure.
OUTFRONT Media's unit has completed a debt financing round, raising $500 million through the sale of 6% senior notes. This issuance is part of the company's strategy to enhance its overall capital structure. The specific use of funds beyond general capital structure improvement was not detailed.
