Clear Channel Outdoor prices 17M shares at $5.20 each - reports

|About: Clear Channel Outdoor Hold... (CCO)|By:, SA News Editor

Clear Channel Outdoor Holdings (NYSE:CCO) has priced a 17M share block at $5.20 each, according to various reports.

That's yesterday's closing price, so no discount. The offering comes through Barclays

Two holders have at least that many shares, Bloomberg notes: Allianz SE, with 42.9M, and iHeartMedia (OTCPK:IHRTQ), with 31.3M.

CCO is up 1.5% premarket.

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