Cumulus Media announced that its subsidiary, Cumulus Media New Holdings, has commenced an offer to exchange any and all of the Issuer’s outstanding 6.750% Senior Secured First-Lien Notes due 2026 for new 8.750% Senior Secured First-Lien Notes due 2029 to be issued by the Issuer, upon the terms of and subject to the conditions set forth in the confidential offering memorandum and consent solicitation statement dated February 27, 2024.
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