Cumulus Media extends exchange offer for 6.75% notes to April 16; only $15M tendered

CUMULUS MEDIA INC

Expiration extended from April 12 to April 16, 2024 at 5:00 p.m. NY time.
As of April 12, only $15 million aggregate principal of Old Notes tendered.
Exchange offers $770 principal of new 8.750% notes due 2029 per $1,000 of Old Notes.
Old Notes carry 6.750% coupon with 2026 maturity; new notes at 8.750% due 2029.
Early tender deadline of March 18 has passed; withdrawal deadline expired March 11.

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