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NYSE: OUT 24.14
-0.30 -1.23%
Volume: 557,885
22 Nov 2017 04:02 PM Minimum 20 minutes delay

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Latest News

20Nov2017
OUTFRONT Media Lowers Term Loan Interest Rates
OUTFRONT Media Inc. (NYSE: OUT), announced today that it, along with certain wholly owned subsidiaries, has reduced the interest rate margins on its existing $670 million outstanding term loan by 0.25%.  In the case of London Interbank Offered Rate ("LIBOR") borrowings, the margin is reduced to 2.00% from 2.25%, and in the case of base rate borrowings, the margin is reduced to 1.00% from 1.25%. The interest rate reduction was made through an amendment to the Company's credit agreement dated as of January 31 , 2014.  The amendment also includes an obligation for the Company to pay a prepayment premium to the term loan lenders in the amount of 1.00% of the aggregate principal amount of the term loan in the event of another repricing transaction on or before the six-month anniversary of this amendment, as well as other clarifying, conforming and ministerial changes to the credit agreement. The remaining terms of the credit agreement, as amended by the amendment, are substantially the...
09Nov2017
OUTFRONT Media Rolls Out Headlight Bus Domination For 1-800-HURT-911 for on The Metropolitan Atlanta Rapid Transit Authority
The expansive campaign will include advertising on the majority of Metropolitan Atlanta Rapid Transit Authority buses OUTFRONT Media Inc. (NYSE: OUT), announced today that it will roll out a bus domination campaign for 1-800-HURT-911 throughout the Metropolitan Atlanta Rapid Transit Authority (MARTA) transit system. The campaign will include advertising on more than 400 bus headlights promoting 1-800-HURT-911's services across the Atlanta area. 1-800-HURT-911 assists people who have been injured in car crashes due to someone else's negligence by putting clients in touch with experienced attorneys and doctors to help them recover, heal and know their rights. "Over the past few years we have worked with 1-800-HURT-911 on various initiatives, but are excited to take the partnership to the next level with this expanded campaign," said Doug Penner, General Manager of OUTFRONT Atlanta. "Leveraging OUTFRONT Media's best-in-class transit advertising domination allows 1-800-HURT-911 to engage...
08Nov2017
OUTFRONT Media Announces Exclusive Agreement with Envision Solar to Deploy Eco-Friendly, Solar Powered EV Charging Network in San Diego
The agreement will give OUTFRONT Media exclusive rights to market and sell the naming rights to the EV ARC™ solar powered charging station network OUTFRONT Media Inc. (NYSE: OUT) announced today its agreement with Envision Solar International, Inc. (OTC: EVSI), pursuant to which OUTFRONT will market and sell the naming rights for Envision Solar's network of solar powered electric vehicle EV ARC ™ charging stations across San Diego . Envision Solar's EV ARC™ charging stations are solar powered, wireless and transportable, providing for easily deployed, environmentally friendly energy, free of charge, to anyone driving an electric vehicle in San Diego . OUTFRONT Media will be responsible for procuring a naming rights sponsor for the EV ARC™ charging station network throughout San Diego , one of the most valuable advertising markets in the U.S., and Envision Solar will design, build and install the stations, showcasing how media sales can enable the advancement of clean energy use within...

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