Gibson Dunn Advises Ad Hoc Group of Lenders and Noteholders on Financial Restructuring of Cumulus Media

By | March 12, 2026 |

In order to remove almost $600 million in debt off the balance sheet of Cumulus Media, Inc. and some of its affiliates, Gibson Dunn is providing financial restructuring advice to an ad hoc group of lenders and noteholders. With the backing of the ad hoc group, which consists of the vast majority of holders of the company’s outstanding principal term loan facility maturing in 2029 and senior secured notes maturing in 2029, Cumulus has started a “pre-packaged” chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of Texas.

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Gibson Dunn Advises Ad Hoc Group of Lenders and Noteholders on Financial Restructuring of Cumulus Media

Karen B.

Regan H.

Kali R.

Daniel L.

Biljana S.

Amanda T.

Paul N.

Christopher H.

Isaac P.

Dana K.

Maritza P.

David K.

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