Cumulus Media Announces Private Offering of $610.0 Million Of Senior Notes (CMLS)

Cumulus Media Inc. CMLS announced today that it plans to offer $610.0 million aggregate principal amount of senior notes due 2019 in a private transaction that is exempt from the registration requirements of the Securities Act of 1933. The Notes will be guaranteed by certain of the Company's existing and future direct and indirect domestic restricted subsidiaries and, in certain circumstances, may be assumed by a direct wholly owned subsidiary of the Company, in which case the Company will guarantee the Notes.