secwatch.observer — SEC 8-K summary
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Issuer:     CUMULUS MEDIA INC (CMLS)
CIK:        0001058623
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0001058623-24-000046
Event type: debt
Sentiment:  negative
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cumulus Media extends exchange offer for 6.75% notes to Apr 2; $15M tendered
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- Expiration extended from March 26 to April 2, 2024, at 5:00 p.m. NY time.
- Old 6.750% notes due 2026 exchangeable for new 8.750% notes due 2029 at $770 principal per $1,000.
- Approximately $15 million aggregate principal of old notes tendered and not withdrawn as of March 26.
- Early tender deadline (March 18) has passed; late tenderers receive no early premium.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058623/000105862324000046/0001058623-24-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058623/000105862324000046/cmls-20240327.htm
  HTML page:      https://secwatch.observer/filing/0001058623-24-000046

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