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Obbligazioni societarieHIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1
Cumulus Media extends debt exchange offer
Jan. 11, 2017
Cumulus Media (CMLS +0.9%) extended the expiration for its debt exchange offer, orginally set to end yesterday.
The end date for an offer to exchange any and all of its 7.75% senior notes due 2019 has been moved to March 13, and the early tender date moved to Jan. 23.
As of yesterday, holders of $431.307M in principal (about 70.7% of outstanding notes) had validly tendered.