inside The CRS Daily Buzz Sheet:

Research: You Don't Even Know Who I Am

Give Me Fuel, Give Me Fire, Give Me Reba McEntire

Adopting The Metrics System

Breaking The Singles, Ladies




Cumulus Issues $300 Million In Notes

Cumulus Media's subsidiary, Cumulus Media New Holdings, is making a private offering of $300 million in senior secured first-lien notes due 2026. Net proceeds from the note offering to institutional buyers will be used to partially pay down existing indebtedness under its senior secured term loan facility. Cumulus Pres./CEO Mary Berner announced last week that the company had reduced the debt in its first post-bankruptcy year by $200 million (CAT 6/5).