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Radio loans being worked out

U

upnorthradio

If a bank is carrying a radio station loan is that generally noted in FCC ownership reports? Would it be dumb to directly attempt to reach commercial loan officers at banks about possible radio stations they're looking to workout loans on? I have looked at a few station deals, but each time the owner is upside down to the bank or wanting a late 90s 10x multiple (and upside down to the bank).
 
If a bank is carrying a radio station loan is that generally noted in FCC ownership reports?
Click to expand...
No.

Would it be dumb to directly attempt to reach commercial loan officers at banks about possible radio stations they're looking to workout loans on?
Click to expand...
Probably. The loan officers probably are beholden to confidentiality.
 
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