April 29 (Reuters) - Cumulus Media Inc (CMLS.O) on Friday
sold $610 million of senior notes in the 144a private placement
market, said IFR, a Thomson Reuters service.
JP Morgan, UBS, Macquarie Capital, RBC and ING were the
joint bookrunning managers for the sale.
BORROWER: CUMULUS MEDIA INC
AMT $610 MLN COUPON 7.75 PCT MATURITY 5/1/2019
TYPE SR NTS ISS PRICE 100 FIRST PAY 11/1/2011
MOODY'S B3 YIELD 7.75 PCT SETTLEMENT 5/13/2011
S&P CCC-PLUS SPREAD 483 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YRS*
*MAKE-WHOLE CALL 50 BPS
Originally Published On: www.reuters.com – Original Article Here