secwatch.observer — SEC 8-K summary
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Issuer:     CUMULUS MEDIA INC (CMLS)
CIK:        0001058623
Form:       8-K
Filed at:   2024-04-17T23:59:59+00:00
Accession:  0001058623-24-000060
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cumulus Media extends exchange offer expiration to April 17; $15M of old notes tendered
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- Expiration time extended to 5:00 p.m. ET on April 17, 2024 (from April 16).
- Approximately $15 million aggregate principal amount of old 6.75% notes due 2026 validly tendered and not withdrawn as of April 16.
- Holders tendering after March 18 receive $770 of new 8.75% notes per $1,000 of old notes.
- Exchange offer is for any and all outstanding old notes; new notes are unregistered and restricted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058623/000105862324000060/0001058623-24-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058623/000105862324000060/cmls-20240417.htm
  HTML page:      https://secwatch.observer/filing/0001058623-24-000060

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