Clear Channel Outdoor Holdings, Inc. bonds CCO
Who owns Clear Channel Outdoor Holdings, Inc.'s debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. CCO stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| 45174HBD8 | 8.375% fixed | 2027-05-01 | USD | 97.50 | 11.56% | 771 bp | 3 | $131 | Jun 2026 |
| 45174HBE6 | 5.25% fixed | 2027-08-15 | USD | 95.00 | 10.44% | 638 bp | 1 | $95K | Jul 2026 |
| 45174HBG1 | 4.75% fixed | 2028-01-15 | USD | 93.99 | 9.26% | 513 bp | 19 | $28.4M | Jul 2026 |
| 18453HAC0 | 7.75% fixed | 2028-04-15 | USD | 100.19 | 7.62% | 345 bp | 30 | $99.4M | Jul 2026 |
| BL4594497 | 0% fixed | 2028-08-23 | USD | — | — | — | 1 | $1.5M | Jun 2026 |
| 45174HBJ5 | 9.125% fixed | 2029-05-01 | USD | 92.71 | 12.31% | 806 bp | 32 | $43.2M | Jul 2026 |
| 18453HAD8 | 7.5% fixed | 2029-06-01 | USD | 100.18 | 7.42% | 317 bp | 27 | $68.1M | Jul 2026 |
| 18453HAF3 | 7.875% fixed | 2030-04-01 | USD | 103.86 | 6.67% | 238 bp | 53 | $111.0M | Jul 2026 |
| 45174HBL0 | 10.875% fixed | 2030-05-01 | USD | 76.54 | 20.04% | 1575 bp | 18 | $33.7M | Jul 2026 |
| 45174HBM8 | 7.75% fixed | 2030-08-15 | USD | 87.71 | 11.65% | 735 bp | 37 | $37.2M | Jul 2026 |
| 45174HBK2 | 7% fixed | 2031-01-15 | USD | 84.00 | 11.71% | 740 bp | 5 | $2.0M | Jul 2026 |
| 18453HAG1 | 7.125% fixed | 2031-02-15 | USD | 103.15 | 6.32% | 200 bp | 60 | $156.3M | Jul 2026 |
| 18453HAH9 | 7.5% fixed | 2033-03-15 | USD | 104.89 | 6.58% | 214 bp | 54 | $88.8M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Aug 2026 partial: filings still arriving | 1 | $41K | 103.13 | 6.31% | 196 bp | 1 |
| Jul 2026 | 11 | $668.2M | 95.00 | 9.26% | 513 bp | 60 |
| Jun 2026 | 12 | $929.9M | 97.50 | 7.61% | 356 bp | 93 |
| May 2026 | 10 | $820.0M | 98.64 | 7.74% | 379 bp | 65 |
| Apr 2026 | 11 | $706.4M | 100.14 | 7.46% | 369 bp | 64 |
| Mar 2026 | 13 | $935.9M | 93.91 | 11.04% | 734 bp | 95 |
| Feb 2026 | 10 | $807.8M | 95.13 | 9.20% | 572 bp | 65 |
| Jan 2026 | 11 | $762.3M | 95.50 | 8.42% | 490 bp | 64 |
| Dec 2025 | 13 | $1.10B | 97.17 | 9.31% | 580 bp | 103 |
| Nov 2025 | 10 | $744.8M | 95.69 | 8.71% | 514 bp | 62 |
| Oct 2025 | 11 | $736.6M | 92.03 | 9.46% | 594 bp | 66 |
| Sep 2025 | 13 | $1.10B | 93.71 | 11.42% | 786 bp | 99 |
| Aug 2025 | 10 | $634.9M | 89.43 | 10.78% | 708 bp | 56 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 99 added, 101 cut, 15 new holders and 16 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $216.0M | $222.8M | $0 |
| Franklin Income Fund Franklin Custodian Funds | 2026-06-30 | $125.0M | $125.5M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $124.3M | $120.4M | $2.0M |
| VANGUARD HIGH-YIELD CORPORATE FUND VANGUARD FIXED INCOME SECURITIES FUNDS | 2026-07-31 | $107.8M | $111.9M | $0 |
| JPMorgan High Yield Fund JPMorgan Trust II | 2026-05-31 | $100.7M | $97.4M | -$14.9M |
| PGIM High Yield Fund Prudential Investment Portfolios, Inc. 15 | 2026-05-29 | $92.4M | $89.7M | $22.6M |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $88.3M | $87.5M | -$14.4M |
| Lord Abbett Short Duration Income Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $72.4M | $72.8M | $7.3M |
| T. Rowe Price High Yield Fund, Inc. T. ROWE PRICE HIGH YIELD FUND, INC. | 2026-05-31 | $64.8M | $65.2M | -$2.2M |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $60.4M | $60.1M | $7.9M |
| JPMorgan Active High Yield ETF J.P. Morgan Exchange-Traded Fund Trust | 2026-05-31 | $46.8M | $45.6M | $1.5M |
| iShares 0-5 Year High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $47.5M | $45.5M | -$2.0M |
| JPMorgan Income Fund JPMorgan Trust I | 2026-05-31 | $41.9M | $41.5M | $1.7M |
| State Street(R) SPDR(R) Bloomberg High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $35.0M | $34.9M | -$9.4M |
| JPMorgan Income Builder Fund JPMorgan Trust I | 2026-07-31 | $35.8M | $34.6M | $229K |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $34.8M | $33.9M | $3.1M |
| BlackRock Corporate High Yield Fund, Inc. | 2026-06-30 | $31.7M | $32.6M | $0 |
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $28.3M | $28.3M | $3.0M |
| Income Fund of America | 2026-07-31 | $26.9M | $27.0M | -$18.9M |
| Franklin Mutual Quest Fund Franklin Mutual Series Funds | 2026-06-30 | $29.0M | $26.2M | new |
| American High Income Trust | 2026-06-30 | $20.7M | $20.8M | -$13.2M |
| Xtrackers USD High Yield Corporate Bond ETF DBX ETF Trust | 2026-05-29 | $20.5M | $20.4M | -$2.7M |
| Franklin High Income Fund Franklin High Income Trust | 2026-06-30 | $19.1M | $20.0M | -$2.0M |
| High Income Fund American Century Investment Trust | 2026-06-30 | $19.4M | $18.6M | $1.6M |
| JPMorgan Core Plus Bond Fund JPMorgan Trust II | 2026-05-31 | $18.9M | $18.6M | $335K |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): High Yield Bond Series ($9.7M), Lord Abbett High Yield Fund ($6.3M), BlackRock Systematic Multi-Strategy Fund ($2.5M), Brigade High Income Fund ($1.7M), SIMT Multi-Strategy Alternatives Fund ($1.5M), BARINGS CORPORATE INVESTORS ($1.2M), BARINGS PARTICIPATION INVESTORS ($650K), Oaktree Diversified Income Fund Inc. ($631K), TCW Flexible Income ETF ($517K), Western Asset Income Fund ($500K).
ETFs holding these bonds
From each ETF's own latest N-PORT report: the issuer's bonds as a share of the ETF's net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Face value | Value | % of net assets |
|---|---|---|---|---|---|
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 9 | $124.3M | $120.4M | 0.42% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 8 | $88.3M | $87.5M | 0.54% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 9 | $60.4M | $60.1M | 0.53% |
| JPHY JPMorgan Active High Yield ETF | 2026-05-31 | 7 | $46.8M | $45.6M | 2.06% |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 2026-07-31 | 7 | $47.5M | $45.5M | 0.60% |
| JNK State Street(R) SPDR(R) Bloomberg High Yield Bond ETF | 2026-06-30 | 8 | $35.0M | $34.9M | 0.47% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 7 | $34.8M | $33.9M | 0.69% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 8 | $20.5M | $20.4M | 0.58% |
| HYLS First Trust Tactical High Yield ETF | 2026-07-31 | 4 | $17.1M | $16.9M | 1.05% |
| JPIE JPMorgan Income ETF | 2026-05-31 | 5 | $13.7M | $13.8M | 0.15% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 9 | $12.2M | $12.0M | 0.47% |
| BSJS Invesco BulletShares 2028 High Yield Corporate Bond ETF | 2026-05-31 | 3 | $11.1M | $11.3M | 1.62% |
| HYS PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 6 | $11.1M | $10.8M | 0.64% |
| XCCC BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 2026-07-31 | 5 | $10.2M | $9.5M | 3.61% |
| EVTR Eaton Vance Total Return Bond ETF | 2026-06-30 | 1 | $7.8M | $8.1M | 0.15% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 3.34: safer than 29% of companies (32th percentile in Communication Services). Market-implied, prices to 2026-10-14, balance sheet 2026-06-30.
| Equity value | $1.23B |
| Debt barrier (short-term + ½ long-term debt) | $2.69B |
| Equity volatility (1 year) | 35.6% |
| Asset value / asset volatility (solved) | $3.81B / 11.5% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 513 bp spread prices in about 8.6% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Altman Z'' = -6.15 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in CCO's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 6 | $121K | 0 | — | 0 | — | 0 |
| 2026-06-30 | 190 | $989.4M | 2 | $27K | 3 | $1.3M | 1 |
| 2026-03-31 | 194 | $865.0M | 1 | $24K | 3 | $1.3M | 1 |
| 2025-12-31 | 185 | $817.9M | 3 | $47K | 6 | $2.3M | 1 |
| 2025-09-30 | 177 | $559.3M | 1 | $790 | 6 | $930K | 1 |
| 2025-06-30 | 163 | $441.8M | 2 | $25K | 3 | $79K | 1 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.