LIVE WIRE
Beatpost
THE TLDR EDITION
BUSINESSBloomberg Markets·1d ago

Byron Allen Stresses Deleveraging as Media Firm’s Loan Hits Lows

BUSINESSBEATPOST
AI TLDR · GEMINI

Byron Allen, CEO of Allen Media Group, told investors the company is focused on deleveraging as its loans reach record lows. He did not provide specific details on how the firm will manage upcoming debt maturities.

In a recent call with investors, Allen Media Group’s Chief Executive Officer Byron Allen said the company is focused on deleveraging, while not addressing how it plans to tackle looming maturities, according to people familiar with the matter.

SHARE THIS STORY

READ NEXT

More on the wire

sports27m ago

FROM THE PUBLISHER

Sign up and bet with the latest FanDuel promo code on Sunday to get your bonus bets

CBS Sports
sports33m ago

FROM THE PUBLISHER

It was another big weekend for the SEC, which has re-established itself as the Power Four's best conference

CBS Sports
politics33m ago

FROM THE PUBLISHER

The growing continues for Buc-ee's.

The Hill

HEADS UP · COOKIES

We use anonymous analytics and (with your OK) session recordings to make Beatpost better. Read the details.

INSTALL THE APP

Install Beatpost

One tap to keep your city's wire on your home screen — no store, no login.