11/19/2024 | BKDDHY | S&P downgrades Cumulus
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5/13/2024 | BKDDHY | S&P ups, assigns Cumulus loan, notes B-
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5/6/2024 | BKDDHY | S&P cuts Cumulus Media
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5/3/2024 | BK | Cumulus extends ABL maturity to 2029, ups commitments to $125 million
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5/2/2024 | BKHYLM | Cumulus waives minimum participation, sees tenders of 94% of 2026 notes
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4/19/2024 | BKHYLM | Cumulus amends, extends exchange offer for 2026 notes to May 1
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4/18/2024 | BKHYLM | Cumulus Media extends exchange offer for 2026 notes by one more day
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4/17/2024 | BKHYLM | Cumulus Media extends exchange offer for 2026 notes by one day
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4/15/2024 | BKHYLM | Cumulus Media further extends exchange offer for 2026 notes
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4/10/2024 | BKHYLM | Cumulus Media extends exchange offer for 2026 notes by three days
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4/3/2024 | BKHYLM | Cumulus Media extends exchange offer for 2026 notes by one more week
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3/27/2024 | BKHYLM | Cumulus Media extends expiration time of exchange offer for 2026 notes
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3/12/2024 | BKHYLM | Cumulus Media extends early deadline of exchange offer for 2026 notes
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2/27/2024 | BKHYLM | Cumulus Media offers to exchange 2026 notes for new 2029 notes
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2/27/2024 | BKDDHY | S&P cuts Cumulus Media
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6/13/2023 | BK | Cumulus Media amends term loan to change benchmark to SOFR
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11/3/2022 | BKHY | S&P turns Cumulus Media view stable
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6/8/2022 | BK | Cumulus Media extends $100 million ABL revolver to 2027
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3/4/2022 | BKHY | S&P changes Cumulus view to positive
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6/25/2021 | BK | Cumulus Media’s $23 million term loan paydown completes debt reduction plan
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5/26/2021 | BK | Cumulus Media pays down bank debt, tenders for 6¾% notes
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3/11/2021 | BKHY | S&P revises Cumulus Media view to stable
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6/5/2020 | BKHY | S&P alters Cumulus Media view to negative
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3/12/2020 | BK | Cumulus Media enters into $100 million five-year ABL revolver
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9/18/2019 | BK | Market Commentary: Sensata breaks; Advanced Drainage, Cumulus, CoAdvantage, Vigor/MHI updates emerge
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9/18/2019 | BK | Cumulus Media cuts spread on $525 million loan to Libor plus 375 bps
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9/16/2019 | BK | Market Commentary: Virtu, Autodata, B&G free up; Concentra updated; Peabody tabled; Cumulus accelerated
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9/10/2019 | BK | Market Commentary: Extended Stay America, Sensata Technologies updated; ADT revises commitment deadline
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9/10/2019 | BKHY | S&P rates Cumulus Media New Holdings loan B
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9/10/2019 | BK | Cumulus Media talks $525 million term loan B at Libor plus 400 bps
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9/9/2019 | BK | Market Commentary: Advanced Drainage Systems, Autokiniton, Edgewell, Cerence, UFC, Jeld-Wen disclose price talk
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9/9/2019 | BK | Cumulus Media readies launch of $525 million term loan B for Tuesday
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7/22/2019 | BK | Cumulus Media makes $50 million voluntary debt prepayment
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6/11/2019 | BKHY | S&P rates Cumulus Media notes B
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6/11/2019 | BK | Cumulus Media New Holdings to pay down portion of secured term loan
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6/5/2019 | BK | Cumulus Media pays down $115 million on first-lien term loan
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2/15/2019 | BK | Moody’s: Cumulus Media unchanged
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2/13/2019 | BK | Cumulus Media to repay debt with proceeds from sale of six stations
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10/11/2018 | BK | Cumulus Media prepays part of $1.3 billion term loan at 0.4% discount
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5/31/2018 | BKDDHY | S&P rates Cumulus Media loan B
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12/1/2017 | BKCVDDEMHY | Prospect News reports no new defaults for week of Nov. 23 to Nov. 29
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12/1/2017 | BKDDHY | S&P lowers Cumulus Media
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11/29/2017 | BKDDHY | Cumulus Media bankrupt, inks deal to cut debt by more than $1 billion
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11/3/2017 | BKCVDDEMHY | Prospect News, S&P each report one new default for Oct. 26 to Nov. 1
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11/2/2017 | BKDDHY | S&P lowers Cumulus, notes
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5/15/2017 | BKBWDDHYLM | Cumulus Media seeks to address debt levels without impacting business
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4/11/2017 | BKDDHY | Moody’s cuts Cumulus Media, facilities, notes
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3/16/2017 | BKBWDDHY | Cumulus still looking to cut debt despite termination of exchange
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3/14/2017 | BKDDHY | S&P ups Cumulus Media to CCC
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2/15/2017 | BKDDHYLM | Cumulus Media again extends early premium in exchange for 7¾% notes
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1/25/2017 | BKDDHYLM | Cumulus Media extends early premium in exchange offer for 7¾% notes
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1/11/2017 | BKDDHYLM | Cumulus Media extends exchange offer for 7¾% notes until mid-March
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12/30/2016 | BKDD | Cumulus Media prepays part of $1.8 billion term loan at 30% discount
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12/28/2016 | BKDDHYLM | Cumulus Media extends early deadline of exchange offer for 7¾% notes
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12/13/2016 | BKDDHYLM | Cumulus Media refinancing held up by revolver’s administrative agent
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12/12/2016 | BKDDHYLM | Cumulus Media launches offer to swap stock, loans for 7¾% senior notes
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12/7/2016 | BKDDHY | S&P downgrades Cumulus
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12/7/2016 | BKDDHYLM | Cumulus Media to issue stock, loans in exchange for 7¾% senior notes
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8/4/2016 | BKDDHYLM | Cumulus Media continues to discuss loans in exchange for 7¾% notes
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3/28/2016 | BKDDHY | Moody’s downgrades Cumulus
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3/22/2016 | BK | Market Commentary: Cumulus Media retreats with exchange proposal; First Data, Capsugel launch loans, extensions
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3/22/2016 | BKDDHY | S&P cuts Cumulus Media, notes, loans
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3/22/2016 | BKDDHYLM | Cumulus Media plans loans in exchange for 7¾% senior notes due 2019
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3/11/2016 | BK | Market Commentary: Cumulus Media term B rises on earnings; Blount, Diebold, Western Digital bank debt on deck
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12/31/2015 | BK | Cumulus Media prepays part of $1.9 billion term loan at 23% discount
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12/3/2015 | BKCVDDEMHY | S&P global speculative-grade default rate climbs to 2.46% in October
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11/6/2015 | BKDDHY | S&P lowers Cumulus Media, loan, notes
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9/15/2015 | BKHY | Moody’s cuts Cumulus Media, loans, notes
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3/5/2015 | BKHY | S&P lowers Cumulus Media view to negative
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8/28/2014 | BKHY | S&P lowers Cumulus Media view to stable
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12/23/2013 | BK | Market Commentary: Toys "R" Us term loans weaken even further in wake of disappointing financials
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12/20/2013 | BK | Market Commentary: Cumulus Media, HydroChem free to trade; Ravago reworks loan; Connolly joins calendar
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12/18/2013 | BK | Cumulus Media firms $2 billion term loan at Libor plus 325 bps
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12/6/2013 | BK | Cumulus Media talks $2 billion term loan at Libor plus 325-350 bps
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12/4/2013 | BKHY | S&P rates Cumulus loan B+, view to positive
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12/4/2013 | BK | Cumulus Media launches $2.23 billion credit facility to investors
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12/4/2013 | BKDDHY | Moody's assigns Cumulus facilities B1
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12/4/2013 | BKHY | S&P rates Cumulus loan B+, view to positive
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9/3/2013 | BKHY | Cumulus to acquire Dial for $260 million, sell stations for $238 million, swap others
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6/4/2013 | BK | Cumulus Media cuts commitments to $150 million, amends leverage ratio
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6/4/2013 | BKHY | Moody's changes Cumulus to SGL-2
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4/1/2013 | BKDDHY | Moody's cuts Cumulus loan, notes
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3/18/2013 | BKHY | Cumulus Media ends 2012 with $88 million, debt totaling $2.7 billion
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12/18/2012 | BK | Cumulus Media sets offer price on $1.325 billion term loan at par
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12/18/2012 | BK | Market Commentary: Sequa, Ancestry.com, Cumulus Media, Dematic, Avaya, Greektown, Grede free up; TCW flexes
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12/10/2012 | BK | Cumulus Media launches $1.32 billion term loan
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12/10/2012 | BK | Market Commentary: Cumulus Media Holdings launches $1.32 billion term loan B repricing; Spansion, Aramark set talk
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12/10/2012 | BKHY | S&P: Cumulus Media loan unaffected
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11/16/2012 | BKHY | Moody's: Cumulus Media negative
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9/21/2012 | BKHY | S&P: Cumulus stable
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4/30/2012 | BKHY | S&P: Cumulus unaffected
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9/28/2011 | BKHY | S&P downgrades Citadel to B
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9/27/2011 | BKHY | S&P rates Cumulus Media loans BB-, CCC+
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9/16/2011 | BK | Market Commentary: Avis Budget sees interest; Blackboard, Telx rework deals; Endurance International talk emerges
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7/25/2011 | BK | Market Commentary: Cumulus Media loans trade up; Sealed Air reveals structure; C.H.I., Steak 'n Shake plan deals
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7/22/2011 | BKHY | S&P: Cumulus unchanged
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7/22/2011 | BK | Cumulus ups first-lien term loan to $1.325 billion, trims revolver
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7/22/2011 | BK | Market Commentary: Cumulus Media retranches, breaks; DG FastChannel, Quad/Graphics free up; Reynolds fills out
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7/21/2011 | BK | Cumulus sets spread on first-lien term loan at Libor plus 450 bps
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7/21/2011 | BK | Market Commentary: SunCoke, YRC break; Cumulus, DG FastChannel, MCCI set pricing; Academy Sports ups deadline
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7/19/2011 | BK | Market Commentary: Flexera Software softens with buyout news; Terex, Quad/Graphics, Smart Modular tweak deals
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7/18/2011 | BKHY | Moody's: Cumulus loan at B2
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7/15/2011 | BKHY | S&P ups Cumulus loan, rates loan B-
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7/14/2011 | BK | Cumulus Media splits $2.04 billion term loan into first-, second-lien
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7/14/2011 | BK | Market Commentary: El Pollo breaks; Cumulus, Evans, Vertafore tweak deals; Autoparts accelerates deadline
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6/20/2011 | BKHY | S&P gives Cumulus B, loan B+
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6/20/2011 | BK | Cumulus Media launches $2.04 billion term B at Libor plus 375-400 bps
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6/20/2011 | BK | Market Commentary: Las Vegas Sands softens as Venetian Macau pulls B loan; Husky International tweaks deal
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6/15/2011 | BK | Cumulus Media sets Monday launch for $2.415 billion credit facility
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6/15/2011 | BK | Market Commentary: Surgical Care breaks; Alere, TriMas, Venetian Macau tweak deals; Warnaco sets pricing
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5/16/2011 | BK | Cumulus Media repays term loan with proceeds from 7.75% notes sale
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4/27/2011 | BK | Cumulus outlines tranching on expected $2.415 billion credit facility
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4/25/2011 | BK | Cumulus Media plans to repay term loan facility with note proceeds
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4/25/2011 | BK | Moody's ups Cumulus, rates notes B3, loan Ba3
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4/7/2011 | BKHY | Cumulus bonds may come this month; credit facility expected in May
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3/10/2011 | BKHY | Cumulus gets $2.5 billion facility, $500 million bridge loan commitment
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2/22/2011 | BK | Moody's may up Cumulus Media
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2/18/2011 | BKHY | S&P: Cumulus on positive watch
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2/17/2011 | BK | Cumulus Media expects to get new debt for potential Citadel purchase
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2/17/2011 | BK | Market Commentary: Dunkin', BWAY break; Michaels Stores softens; Cumulus, CMP, Citadel move on merger buzz
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2/2/2011 | BK | S&P ups Cumulus to positive
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2/1/2011 | BKHY | Moody's: Cumulus Media unaffected
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2/1/2011 | BKHY | Moody's: Cumulus Media unaffected
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7/26/2010 | BK | Cumulus amends loan, assigning GE Capital administrative agent role
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4/28/2010 | BK | Moody's: Cumulus outlook stable
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4/7/2010 | BKHY | Cumulus Media partnership Cumulus Radio to seek debt financing
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12/4/2009 | BK | S&P lowers Cumulus Media
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6/30/2009 | BK | Cumulus credit facility amendment changes pricing, cuts revolver size
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6/29/2009 | BK | Cumulus completes credit facility amendment, pays down $32.5 million
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6/23/2009 | BK | Cumulus Media seeks amendment to revise covenants, increase pricing
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6/23/2009 | BK | Market Commentary: Huntsman up with settlement; BRSP breaks; Ashland rises; Cumulus gains; QVC tweaks loan
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4/22/2009 | BKDDHY | Moody's cuts Cumulus to Caa1
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12/22/2008 | BK | Cumulus Media borrows $75 million under revolver, resulting in leverage ratio adjustment
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12/19/2008 | BK | S&P: Cumulus Media outlook negative
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11/12/2008 | BKHY | Moody's drops Cumulus
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6/6/2008 | BKHY | Moody's downgrades Cumulus Media
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5/13/2008 | BKHY | S&P: Cumulus Media unchanged
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5/12/2008 | BK | Market Commentary: DirecTV breaks; Cumulus slides as buyout falls through; Charter, Calpine, Targa move with numbers
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3/24/2008 | BKHY | S&P: Cumulus unchanged
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3/13/2008 | BK | Market Commentary: Foamex rise continues; Cumulus trades up; Retail sector under pressure; Abitibi, CB Richard talk emerges
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3/5/2008 | BKSS | Cumulus Media seeks amendment to keep credit facility in place following buyout
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9/10/2007 | BK | Cumulus seeking incremental loan commitment under existing deal as alternative financing for buyout
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8/29/2007 | BK | S&P rates Cumulus loan B
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7/24/2007 | BKHY | Moody's may lower Cumulus Media
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7/24/2007 | BKHY | S&P: Cumulus Media unchanged
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7/23/2007 | BK | Cumulus Media plans $1.02 billion credit facility for buyout by management and Merrill
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6/15/2007 | BK | Cumulus amends loan, providing for $750 million replacement term loan
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5/9/2007 | BK | Cumulus seeks loan amendment to allow for additional stock repurchases
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9/25/2006 | BK | Moody's introduces new ratings
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6/8/2006 | BK | Market Commentary: Vanguard Car Rental, PaeTec free to trade; DaVita pulls term loan repricing amendment
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6/2/2006 | BK | Cumulus Media reverse flexes talk on $750 million term loan by 25 bps to 200 bps
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6/2/2006 | BK | Market Commentary: Cumulus Media flexes down pricing; Revlon loan trades up as bonds fall; market has better tone Friday
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5/23/2006 | BKHY | S&P drops Cumulus Media, assigns loan B
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5/22/2006 | BKHY | Moody's rates Cumulus loan Ba3
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5/12/2006 | BK | Cumulus Media to launch $200 million term loan Tuesday
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5/12/2006 | BKHY | S&P puts Cumulus Media on negative watch
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5/12/2006 | BKHY | Moody's may downgrade Cumulus Media
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3/14/2006 | BKHY | S&P revises Cumulus Media outlook to stable
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10/31/2005 | BK | Cumulus Media likely to launch new credit facility for 2006 Susquehanna purchase
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10/31/2005 | BKHY | Moody's affirms Cumulus
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6/15/2005 | BK | Cumulus Media launches $700 million pro rata facility
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6/10/2005 | BKHY | S&P rates Cumulus Media loan B+
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6/2/2005 | BK | Cumulus Media plans $700 million credit facility to refinance existing loans
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6/2/2005 | BKHY | Moody's ups Cumulus, rates loans Ba2
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12/1/2004 | BKHY | Moody's rates Cumulus Media loans Ba3
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11/5/2004 | BKHY | S&P rates Cumulus Media loan B+
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9/28/2004 | BK | Cumulus Media seeks lender OK to exceed stock repurchase limit
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6/23/2004 | BK | Cumulus Media in-market with repricing, retranching of term loans
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6/21/2004 | BK | Market Commentary: DS Waters, Solo Cup, Hanger Orthopedic steal spotlight in secondary on uncertainties
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1/28/2004 | BK | Market Commentary: Cumulus Media breaks in 101 context; Tenet Healthcare holds steady after surge of bad news
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4/30/2003 | BK | Market Commentary: Energy/utility sector continues higher on recently renewed investor confidence
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4/25/2003 | BK | Market Commentary: Allied Waste breaks and trades actively at par 1/2 bid, par 5/8 offer on the B loan
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4/3/2003 | BKHY | S&P upgrades Corrections Corp., rates notes B
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4/2/2003 | BKHY | S&P confirms Oxford Health, rates loan BB+
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2/18/2003 | BK | Marsh Supermarkets to borrow from revolver to pay convertibles
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11/26/2002 | BK | Moody's cuts El Paso to junk
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11/13/2002 | BK | Moody's cuts PG&E National Energy
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