Cumulus Media New Holdings Inc, founded in 2011 and headquartered in Atlanta, Georgia, operates as a leading media and entertainment company primarily focusing on radio broadcasting and digital content. The company provides a diverse range of audio and multimedia services, including ownership and operation of a vast portfolio of radio stations, as well as offering podcasting and digital advertising solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CUMINT 6.75% 2026-07-01 USDCumulus Media New Holdings Inc | United States | 2026-07-01 | 6.750 | 92.82 |
| CUMINT 6.75% 2026-07-01 USDCumulus Media New Holdings Inc | United States | 2026-07-01 | 6.750 | 92.82 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cumulus Media has actively engaged in bond issuances since its emergence in the market, with significant offerings aimed at refinancing existing debt and facilitating corporate growth. Notably, the company issued a $500 million bond in 2019, which garnered interest due to its relatively attractive yield compared to industry peers. The bond featured a maturity date of 2026, reflecting the company's long-term strategy amid a shifting media landscape. Recent trends indicate that their bonds have performed well in the market, particularly in a rising interest rate environment, as they continue to manage debt effectively while innovating their service offerings.