ENTERCOM COMMUNICATIONS CORP. (NYSE:ETM) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure.
On December1, 2017, Entercom Communications Corp. (the “Company”) announced that its wholly owned subsidiary, CBS Radio Inc. (“CBS Radio”), is soliciting consents from holders of CBS Radio’s outstanding 7.250% Senior Notes due 2024 (the “Notes”). The consent solicitation will expire at 5:00 p.m., New York City time, on December8, 2017, unless extended. A copy of the press release announcing the consent solicitation is furnished as Exhibit99.1 to this Current Report on Form8-K and is incorporated herein by reference. The terms and conditions of the consent solicitation are described in a Consent Solicitation Statement, dated December1, 2017, which is furnished as Exhibit99.2 to this Current Report on Form8-K and is incorporated herein by reference. The consent form sent to holders of the Notes, dated December1, 2017, is furnished as Exhibit99.3 to this Current Report on Form8-K and is incorporated herein by reference.
The information in this Current Report on Form8-K and Exhibits99.1, 99.2 and 99.3 hereto is being furnished to Item 7.01 of Form8-K and shall not be deemed to be “filed” for the purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
| Item 7.01 | Financial Statements and Exhibits. |
ENTERCOM COMMUNICATIONS CORP ExhibitEX-99.1 2 d502449dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 ENTERCOM COMMUNICATIONS CORP. ANNOUNCES CONSENT SOLICITATION FOR 7.250% SENIOR NOTES DUE 2024 PHILADELPHIA,…To view the full exhibit click here
About ENTERCOM COMMUNICATIONS CORP. (NYSE:ETM)
Entercom Communications Corp. is a radio broadcasting company. The Company has a portfolio of approximately 130 radio stations in over 30 markets across the United States. The Company operates through the radio broadcasting segment. The Company sells advertising time to local, regional and national advertisers and national network advertisers, engaged in purchasing spot commercials in varying lengths. The Company has both frequency modulation (FM) and amplitude modulation (AM) radio stations. The Company focuses on station-related digital platforms, which allow for audience interaction and participation, and integrated digital advertising solutions. The Company’s stations are typically classified by their format, such as news, sports, talk, classic rock, adult contemporary, alternative and country. The Company’s radio stations include KSWD FM, KOSI FM, KYGO FM, KEPN AM, KKFN FM, KQKS FM, KRWZ AM, WSTR FM, WQXI AM, WLYF FM, WMXJ FM, KBZT FM and KIFM FM.