In First Year Post-Emergence, Cumulus Media Achieves $200 Million Debt Reduction Milestone
Company Announces $115 Million Term Loan Prepayment Net Leverage Declines to 4.8x from 5.8x ATLANTA, June 05, 2019 — Cumulus Media Inc. [NASDAQ: CMLS] (the “Company,” “Cumulus,” “we,” “us,” or “our”) today announced that it has made a voluntary prepayment of $115 million on its first lien senior secured term loan.