iHeartMedia Creditors to Put Pressure on Radio Giant

New York Post: Two creditors of iHeartMedia are expected to put the squeeze on the debt-laden radio giant — a move that could make it a lot harder for its private equity owners to keep the music playing. Lloyd Blankfein’s Goldman Sachs and hedge fund Canyon Capital Advisors are putting together a group of senior lenders to pressure the company to use a $196 million dividend it will receive Jan. 4 to pay down their debt.