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Research Update: Cumulus Media, Inc. Product Image

Research Update: Cumulus Media, Inc.

  • Published: April 2003
  • Standard & Poors

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.

Abstract
On April 2, 2003, Standard & Poor's Ratings Services assigned its 'B+' rating to Cumulus Media, Inc.'s proposed $325 million senior secured term loan C due 2008. Proceeds are expected to be used to refinance existing debt and fund the company's tender offer for its 10.375% senior subordinated notes due 2008. READ MORE >

Cumulus Media Inc.

Format Properties
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