Kramer Levin represented holders of notes in connection with an exchange offer by Clear Channel Communications, Inc., of new senior unsecured notes due 2021 for all $2.1 billion of outstanding senior unsecured LBO notes. The Kramer Levin team included Corporate partners John Bessonette and Abbe L. Dienstag, and associates Jeffrey Taylor, Amanda Webber, Steven Segal and Jennifer A. Wilen.