Audacy provides capital structure update

Philadelphia--(business wire)--audacy, inc. (nyse: aud; otc: auda) (the “company” or “audacy”) today provided an update on its ongoing discussions with lenders to refinance its debt and optimize the company's balance sheet to position the company for long-term growth, capitalizing on its scaled leadership position across the audio market. to continue to facilitate its discussions with lenders, audacy has elected to utilize the 30-day grace period for the cash interest payment in the amount of a.
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