Cumulus media announces amendment and extension of withdrawal deadline and expiration time for exchange offer and consent solicitation

Atlanta, april 18, 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 amended its previously announced offer to exchange (as so amended, the “exchange offer”) any and all of the issuer's outstanding 6.750% senior secured first-lien notes due 2026 (the “old notes”) for new 8.000% senior secured first-lien notes due 2029 (“new notes”) 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 (as supplemented, the “offering memorandum”) dated february 27, 2024, as amended by supplement no. 1 (“supplement no. 1”) dated april 18, 2024. all capitalized terms not defined herein are defined in the offering memorandum, unless otherwise noted.
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