secwatch.observer — SEC 8-K summary
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Issuer:     CUMULUS MEDIA INC (CMLS)
CIK:        0001058623
Form:       8-K
Filed at:   2022-06-08T23:59:59+00:00
Accession:  0001058623-22-000106
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cumulus Media extends $100M revolving credit facility to June 2027, switches to SOFR
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- Fifth Amendment extends maturity of $100M revolver to June 3, 2027.
- Benchmark rate replaced: LIBOR replaced with SOFR.
- Extension fee of $50,000 paid to Fifth Third Bank.
- Other terms of the credit agreement remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058623/000105862322000106/0001058623-22-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058623/000105862322000106/cmls-20220603.htm
  HTML page:      https://secwatch.observer/filing/0001058623-22-000106

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer