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Clear Channel Outdoor Holdings (CCO)
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CCO » Topics » Interest Expense-Net (Including Interest on Debt with Clear Channel Communications)

This excerpt taken from the CCO 8-K filed Dec 11, 2009.

Interest Expense—Net (Including Interest on Debt with Clear Channel Communications)

Interest expense decreased $6.4 million and $3.8 million during the three and nine months ended September 30, 2009, respectively, as compared to the same periods of 2008. The decline was due to a lower weighted average cost of debt of Clear Channel Communications during 2009.

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