0001193125-20-007845.txt : 20200115 0001193125-20-007845.hdr.sgml : 20200115 20200115121541 ACCESSION NUMBER: 0001193125-20-007845 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200115 DATE AS OF CHANGE: 20200115 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: iHeartMedia, Inc. CENTRAL INDEX KEY: 0001400891 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 260241222 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-84136 FILM NUMBER: 20527775 BUSINESS ADDRESS: STREET 1: 20880 STONE OAK PARKWAY CITY: SAN ANTONIO STATE: TX ZIP: 78258 BUSINESS PHONE: 210-822-2828 MAIL ADDRESS: STREET 1: 20880 STONE OAK PARKWAY CITY: SAN ANTONIO STATE: TX ZIP: 78258 FORMER COMPANY: FORMER CONFORMED NAME: CC Media Holdings Inc DATE OF NAME CHANGE: 20090721 FORMER COMPANY: FORMER CONFORMED NAME: C C Media Holdings Inc DATE OF NAME CHANGE: 20070730 FORMER COMPANY: FORMER CONFORMED NAME: BT Triple Crown Capital Holdings III, Inc. DATE OF NAME CHANGE: 20070524 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SYMPHONY ASSET MANAGEMENT LLC CENTRAL INDEX KEY: 0001030815 IRS NUMBER: 943252504 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 555 CALIFORNIA STREET STREET 2: SUITE 3100 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4156764000 MAIL ADDRESS: STREET 1: 555 CALIFORNIA STREET STREET 2: SUITE 3100 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 SC 13G 1 d873872dsc13g.htm SYMPHONY ASSET MANAGEMENT LLC SYMPHONY ASSET MANAGEMENT LLC

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(AMENDMENT NO.    )*

iHeartMedia, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

45174J509

(CUSIP Number)

December 31, 2019

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d-1(b)

☐ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

  1  

NAME OF REPORTING PERSON

 

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

Symphony Asset Management, LLC              94-3252504

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  ☐        (b)  ☐

 

N/A

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware - U.S.A.

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

2,878,996

   6   

SHARED VOTING POWER

 

0

   7   

SOLE DISPOSITIVE POWER

 

2,878,996

   8   

SHARED DISPOSITIVE POWER

 

0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,878,996

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

N/A

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

5.000%

12  

TYPE OF REPORTING PERSON*

 

IA

Item 1(a)    Name of Issuer:
   iHeartMedia, Inc.
Item 1(b)    Address of Issuer’s Principal Executive Offices:
   20880 Stone Oak Parkway
   San Antonio, TX 78258
Item 2(a)    Name of Person Filing:
   Symphony Asset Management, LLC
Item 2(b)    Address of the Principal Office or, if none, Residence:
   555 California Street, Suite 3100
   San Francisco, CA 94104
Item 2(c)    Citizenship:
   California – U.S.A.
Item 2(d)    Title of Class of Securities:
   Common Stock
Item 2(e)    CUSIP Number:
   45174J509
Item 3    If the Statement is being filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:
   (e)    ☒    An investment advisor in accordance with section 240.13d-1(b)(1)(ii)(E)
Item 4    Ownership:
   (a)    Amount Beneficially Owned:
      2,878,996
   (b)    Percent of Class:
      5.000%
   (c)    Number of shares as to which such person has:
   (i)    sole power to vote or direct the vote:
      2,878,996
   (ii)    shared power to vote or direct the vote:
      0
   (iii)    sole power to dispose or to direct the disposition of:
      2,878,996
   (iv)    shared power to dispose or to direct the disposition of:
      0
Item 5       Ownership of Five Percent or Less of a Class:
      Not applicable.

Item 6       Ownership of More than Five Percent on Behalf of Another Person:
      Securities reported on this Schedule 13G are beneficially owned by clients which may include investment companies registered under the Investment Company Act and/or employee benefit plans, pension    funds, endowment funds or other institutional clients.
Item 7       Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:
      Not applicable.
Item 8       Identification and Classification of Members of the Group:
      Not applicable.
Item 9       Notice of Dissolution of a Group:
      Not applicable.
Item 10       Certification:
      By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of such securities and were were not acquired in connection with or as a participant in any transaction having such purpose or effect.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: January 15, 2020      
    Symphony Asset Management, LLC
    By:  

/S/ Geoffrey W. Moore

    Name:   Geoffrey W. Moore
    Title:   Chief Compliance Officer