iHeartMedia's Possible Bankruptcy Garners Bonuses

The transcript discusses a company's financial challenges, including rumors of Chapter 11 and negotiations with creditors. It highlights the role of private equity in the company's debt issues and the need to compensate leadership to navigate these challenges. Despite the debt, the business is growing and generating cash. The transcript also covers the complexities of negotiating with bondholders and ensuring executive compensation.

What strategies might be employed to convince bondholders to accept a loss?

What does the text suggest about the future of the executives in terms of compensation?