CUMULUS MEDIA INC. (NASDAQ:CMLS) Files An 8-K Other Events
Item 8.01 Other Events
press release announcing the completion of a discounted prepayment
of a portion of amounts outstanding under the Company’s $1.8
billion senior secured term loan facility due December 2020. A copy
of the press release is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
|
(d)
|
Exhibits.
|
|
Number
|
|
Exhibit
|
|
|
|
|
|
99.1
|
|
Press release dated December 30, 2016
|
About CUMULUS MEDIA INC. (NASDAQ:CMLS)
Cumulus Media Inc. (Cumulus) is a radio broadcasting company. The Company is also a provider of country music and lifestyle content through its NASH brand, which serves through radio programming, NASH Country Weekly magazine and live events. Its product lines include broadcast advertising, digital advertising, political advertising and non-advertising based license fees. Its broadcast advertising includes the sale of commercial advertising time to local, national and network clients. Its digital advertising includes the sale of advertising and promotional opportunities across its Websites and mobile applications. Its across the nation platform generates content distributable through both broadcast and digital platforms. Its categories of advertisers consist of amusement and recreation; banking and mortgage; furniture and home furnishings; arts and entertainment; food and beverage services; healthcare services; automotive dealers; food and beverage stores, and telecommunications. CUMULUS MEDIA INC. (NASDAQ:CMLS) Recent Trading Information
CUMULUS MEDIA INC. (NASDAQ:CMLS) closed its last trading session up +0.05 at 1.07 with 188,889 shares trading hands.
