{"id":9040,"date":"2013-12-05T10:49:21","date_gmt":"2013-12-05T15:49:21","guid":{"rendered":"http:\/\/streamingradioguide.com\/startingover\/?p=9040"},"modified":"2013-12-05T12:32:46","modified_gmt":"2013-12-05T17:32:46","slug":"cumulus-moves-to-refinance-debt","status":"publish","type":"post","link":"https:\/\/streamingradioguide.com\/startingover\/?p=9040","title":{"rendered":"Cumulus moves to refinance debt"},"content":{"rendered":"<p><a href=\"http:\/\/www.reuters.com\/article\/2013\/12\/04\/cumulus-launch-idUSL2N0JJ1RH20131204\">http:\/\/www.reuters.com\/article\/2013\/12\/04\/cumulus-launch-idUSL2N0JJ1RH20131204<\/a><br \/>\nCumulus only owes a mere $2 billion compared to the $20 billion owed by Clear Channel.  The new debt will bump up the debt to $2.2 billion &#8211; the long term debt will be at LIBOR + 6%  (with LIBOR having a minimum of 1.5%)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>http:\/\/www.reuters.com\/article\/2013\/12\/04\/cumulus-launch-idUSL2N0JJ1RH20131204 Cumulus only owes a mere $2 billion compared to the $20 billion owed by Clear Channel. The new debt will bump up the debt to $2.2 billion &#8211; the long term debt will be at LIBOR + 6% (with &hellip; <a href=\"https:\/\/streamingradioguide.com\/startingover\/?p=9040\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-9040","post","type-post","status-publish","format-standard","hentry","category-radio-biz"],"_links":{"self":[{"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/posts\/9040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9040"}],"version-history":[{"count":2,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/posts\/9040\/revisions"}],"predecessor-version":[{"id":9042,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=\/wp\/v2\/posts\/9040\/revisions\/9042"}],"wp:attachment":[{"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/streamingradioguide.com\/startingover\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}