Cumulus media announces completion of offer to purchase 2026 notes

Atlanta, nov. 03, 2020 (globe newswire) -- cumulus media inc. (nasdaq: cmls) (the “company,” "cumulus media," “we,” “us,” or “our”) today announced that the company has completed its asset sale offer to purchase $47,164,000 aggregate principal amount of its 6.750% senior secured first-lien notes due 2026 (the “notes”), at 100% plus accrued and unpaid interest to, but not including, november 3, 2020, and such notes were accepted for payment and subsequently cancelled. as a result, $452,836,000 aggregate principal amount of notes remain outstanding.
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