Brief: Cumulus Media Announces Agreement To Eliminate Substantially All Remaining Debt And Significantly Strengthen Financial Position
05/03/2026 13:32
March 5 (Reuters) - Cumulus Media Inc CMLS.PK: CUMULUS MEDIA ANNOUNCES AGREEMENT TO ELIMINATE SUBSTANTIALLY ALL REMAINING DEBT AND SIGNIFICANTLY STRENGTHEN FINANCIAL POSITION CUMULUS MEDIA INC - ENTERS AGREEMENT TO ELIMINATE ABOUT $600 MILLION OF DEBT CUMULUS MEDIA INC - COMMENCES PREPACKAGED CHAPTER 11 PROCEEDINGS ON MARCH 5, 2026 CUMULUS MEDIA INC - IN CONJUNCTION WITH CHAPTER 11 PETITIONS, CUMULUS FILED PROPOSED PLAN OF REORGANIZATION Source text: ID:nGNX8kSxv3 Further company coverage: CMLS.PK ((Reuters.Briefs@thomsonreuters.com;))
Recent news on Cumulus Media
See all newsBrief: Cumulus Media Successfully Completes Financial Restructuring, Emerges From Chapter 11
Audio broadcaster Cumulus Media's Q2 revenue falls 9.7% amid bankruptcy
Brief: Cumulus Media Secures Court Approval Of Reorganization Plan
Cumulus Media gets court approval for $592 million debt reduction
Radio station owner Cumulus Media files for bankruptcy to cut $600 mln debt