Brief: Cumulus Media Prices $525 Mln Senior Secured Term Loan B

Cumulus Media

19/09/2019 02:52

Sept 18 (Reuters) - Cumulus Media Inc  CMLS.O :
    * CUMULUS MEDIA ANNOUNCES PRICING OF $525 MILLION SENIOR
SECURED
TERM LOAN B
    * NEW TERM LOAN WILL HAVE AN INTEREST RATE OF LIBOR PLUS
3.75%
WITH A 1.00% LIBOR FLOOR, ISSUED AT 99.5% OF PAR

Source text for Eikon:  ID:nGNX6xQ2rd 
Further company coverage:  CMLS.O 

 ((Reuters.Briefs@thomsonreuters.com;))