Cumulus Media Announces Further Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026
Cumulus Media(CMLS) Newsfilter·2024-04-03 20:01
ATLANTA, April 03, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company" or "Cumulus") today announced that its subsidiary, Cumulus Media New Holdings Inc. (the "Issuer"), has further extended the Expiration Time in its previously-announced Exchange Offer and Consent Solicitation (the "Exchange Offer and Consent Solicitation"), in which the Issuer offered to exchange any and all of the Issuer's outstanding 6.750% Senior Secured First-Lien Notes due 2026 (the "Old Notes") for new 8.750% Se ...