3/3/2025 | DD | Market Commentary: Sunnova Energy bonds slide; Canadian and U.S. retailer Michaels’ paper declines
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11/19/2024 | BKDDHY | S&P downgrades Cumulus
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11/4/2024 | DD | Market Commentary: Scripps paper slides; Office Properties Income Trust quiets; Cumulus Media bonds calm
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8/5/2024 | DD | Market Commentary: Cumulus Media cracks appear; distressed bonds decline; iHeart lower ahead of results
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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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4/22/2024 | DD | Market Commentary: Cumulus Media notes mostly quiet; few bite amid exchange offers; DISH flat to higher
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4/10/2024 | DD | Market Commentary: Bausch bonds lead distressed gains; iHeart paper steady to weaker; Cumulus Media quiet
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2/27/2024 | BKDDHY | S&P cuts Cumulus Media
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2/26/2024 | DD | Market Commentary: Radio broadcasters take focus on earnings watch; Cumulus notes soften; iHeart steady
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6/4/2018 | DD | Cumulus Media out of bankruptcy, cuts debt by more than $1 billion
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5/31/2018 | DD | S&P ups BI-LO, rates loan B+
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5/31/2018 | BKDDHY | S&P rates Cumulus Media loan B
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5/25/2018 | DD | Cumulus Media plan of reorganization confirmation order draws appeal
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5/2/2018 | DD | Cumulus Media plan of reorganization confirmed by bankruptcy court
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3/22/2018 | DD | Cumulus Media gets shorter-than-requested extension of plan periods
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3/9/2018 | DD | Cumulus Media requests exclusivity extension to finish work on plan
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2/2/2018 | DD | Cumulus Media disclosure OK’d; plan hearing scheduled for April 12
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12/21/2017 | DD | Cumulus Media wins final approval to use secured parties’ collateral
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12/19/2017 | DD | Cumulus unsecured creditors oppose cash collateral move as ‘overreach’
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12/11/2017 | DD | Cumulus Media’s official committee of unsecured creditors appointed
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12/1/2017 | DD | Cumulus Media gets interim access to secured parties’ cash collateral
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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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11/30/2017 | DD | Cumulus Media details restructuring terms, eyes cash collateral use
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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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11/1/2017 | DDHY | Cumulus skips coupon payment on 7¾% notes, enters 30-day grace period
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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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4/6/2017 | DD | Market Commentary: Oil companies rule market as crude advances; Accudyne higher; iHeart eyed on tender news
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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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3/10/2017 | DDHYLM | Cumulus Media cancels exchange offer for 7¾% notes over court ruling
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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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1/12/2017 | DD | Market Commentary: Valeant ‘top dog’ on most active list; Community Health swings down; Murray active; Avaya dips
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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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3/24/2016 | DD | Market Commentary: Distressed energy, mining bonds lose ground; Cumulus debt remains weak post-possible exchange news
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3/22/2016 | DD | Market Commentary: Distressed bonds weaken on Belgium attacks; Chesapeake slips, EP Energy slightly better; SunEdison off
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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 | DD | Market Commentary: Distressed debt finishes week firm; oil and gas bonds continue to climb; mining names also improve
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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 | DD | Market Commentary: Weak earnings spell trouble for Cumulus, iHeartMedia debt; Men’s Wearhouse notes tank
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11/6/2015 | BKDDHY | S&P lowers Cumulus Media, loan, notes
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12/4/2013 | BKDDHY | Moody's assigns Cumulus facilities B1
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4/1/2013 | BKDDHY | Moody's cuts Cumulus loan, notes
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4/25/2011 | DDHY | Moody's ups Cumulus, rates notes B3, loans Ba3
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6/23/2009 | DD | Market Commentary: Ply Gem bonds move around; CIT Group seen lower; Capmark busy; Cumulus term loan firmer again
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4/22/2009 | BKDDHY | Moody's cuts Cumulus to Caa1
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