Cox Media Group Initiates Debt Exchange Offer
CMG Media Corporation (d/b/a Cox Media Group) (“CMG” or the “Company”) today announced that it has commenced an offer to exchange any and all of its outstanding 8.875% Senior Notes due 2027 (the “Old Notes”) for new 8.875% Second-Priority Senior Secured Notes due 2029 (the “New Notes”) to be issued by the Company (the “Exchange Offer”).
The Exchange Offer is being made to eligible holders upon the terms and conditions set forth in the Confidential Offering Memorandum and Consent Solicitation Statement (the “Confidential Offering Memorandum”) dated October 15, 2024. […]
