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iHeartWinning: iHeartMedia has prevailed in its lawsuit against bondholders, permanently blocking them from filing default notices over a recent stock transfer, according to the San Antonio Express-News. The ruling illustrates the transaction "was a permitted investment under our financing agreements," an iHeartMedia statement reads. "The strong performance of our operating business provides us with the flexibility to manage our capital structure in a prudent manner. In full compliance with our financing agreements, we will continue to evaluate opportunities to strengthen our balance sheet. We look forward to constructive discussions with our lenders as we continue to position iHeartMedia for long-term growth." More here.

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