0000919574-18-008080.txt : 20181219 0000919574-18-008080.hdr.sgml : 20181219 20181219162123 ACCESSION NUMBER: 0000919574-18-008080 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20181219 DATE AS OF CHANGE: 20181219 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CUMULUS MEDIA INC CENTRAL INDEX KEY: 0001058623 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 364159663 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-54277 FILM NUMBER: 181243695 BUSINESS ADDRESS: STREET 1: 3280 PEACHTREE ROAD N.W. STREET 2: SUITE 2300 CITY: ATLANTA STATE: GA ZIP: 30305 BUSINESS PHONE: 4049490700 MAIL ADDRESS: STREET 1: 3280 PEACHTREE ROAD N.W. STREET 2: SUITE 2300 CITY: ATLANTA STATE: GA ZIP: 30305 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BRIGADE CAPITAL MANAGEMENT, LP CENTRAL INDEX KEY: 0001421306 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 399 PARK AVENUE STREET 2: 16TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-745-9717 MAIL ADDRESS: STREET 1: 399 PARK AVENUE STREET 2: 16TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: BRIGADE CAPITAL MANAGEMENT, LLC DATE OF NAME CHANGE: 20071214 SC 13G/A 1 d8116171_13g-a.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

 

 

Cumulus Media Inc.
(Name of Issuer)

 

 

 

Class A Common Stock, par value $0.0000001 per share
(Title of Class of Securities)

 

 

 

231082801
(CUSIP Number)

 

 

 

December 17, 2018
(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ ] Rule 13d-1(b)

 

[X] Rule 13d-1(c)

 

[_] Rule 13d-1(d)

 

__________

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 
CUSIP No. 231082801    

 

1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Brigade Capital Management, LP  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [x]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Delaware  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  2,319,044  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  2,319,044  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  2,319,044  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  17.97%  
     
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  PN  

 

 
 

 

 

CUSIP No. 231082801    

 

1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Brigade Capital Management GP, LLC  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [x]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Delaware  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  2,319,044  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  2,319,044  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  2,319,044  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  17.97%  
     
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  OO  

 

 

 

 
 

 

CUSIP No. 231082801    

 

1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Nimbus Atlas LLC  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [x]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Delaware  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  1,674,273  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  1,674,273  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  1,674,273  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  12.98%  
     
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  OO  

 

 

 

 
 

 

CUSIP No. 231082801    

 

1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Brigade Capital GP, LLC  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [x]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Delaware  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  1,674,273  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  1,674,273  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  1,674,273  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  12.98%  
     
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  OO  

 

 

 
 

 

CUSIP No. 231082801    
     
1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Brigade Leveraged Capital Structures Fund Ltd.  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [x]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Cayman Islands  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  711,528  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  711,528  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  711,528  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  5.51%  
     
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  CO  
         

 

 
 

 

CUSIP No. 231082801    

 

1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Donald E. Morgan, III  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [x]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  U.S.A.  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  2,319,044  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  2,319,044  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  2,319,044  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  17.97%  
     
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  IN  

 

 

 
 

 

 

CUSIP No. 231082801  

 

This Schedule 13G is an amendment with respect to Brigade Capital Management, LP, Brigade Capital Management GP, LLC and Donald E. Morgan, III.

 

This Schedule 13G is an initial filing with respect to Nimbus Atlas LLC and Brigade Capital GP, LLC.

 

Item 1. (a). Name of Issuer:
     
    Cumulus Media Inc.
     
  (b). Address of Issuer's Principal Executive Offices:
     
   

3280 Peachtree Road, N.W.

Suite 2200

Atlanta, GA 30305

     
Item 2. (a) – (c) Name, Principal Business Address, and Citizenship of Persons Filing:
     
   

Brigade Capital Management, LP – Delaware

Brigade Capital Management GP, LLC – Delaware

Nimbus Atlas LLC - Delaware

Brigade Capital GP, LLC – Delaware

Brigade Leveraged Capital Structures Fund Ltd. – Cayman Islands

    Donald E. Morgan, III – U.S.A.
     
   

Brigade Capital Management, LP, Brigade Capital Management GP, LLC, Nimbus Atlas LLC, Brigade Capital GP, LLC and Donald E. Morgan, III:

399 Park Avenue, 16th Floor

New York, New York 10022

   

United States of America

 

Brigade Leveraged Capital Structures Fund Ltd.:

c/o Intertrust Corporate Services (Cayman) Ltd

190 Elgin Avenue

George Town

Grand Cayman KY1-9007

Cayman Islands

     
  (d).   Title of Class of Securities:
     
    Class A Common Stock, par value $0.0000001 per share
     
  (e). CUSIP Number:
     
    231082801

 

Item 3. If This Statement is filed pursuant to ss.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a

 

  (a) [_] Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78c).
       
  (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c).
       
  (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c).
       
  (d) [_] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
  (e) [_] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
       
  (f) [_] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
       
  (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
       
  (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);
       
  (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
       
  (j)   [_] Group, in accordance with s.240.13d-1(b)(1)(ii)(J).
 
 

 

Item 4. Ownership.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a) Amount beneficially owned:
     
    Brigade Capital Management, LP – 2,319,044
    Brigade Capital Management GP, LLC – 2,319,044
    Nimbus Atlas LLC - 1,674,273
    Brigade Capital GP, LLC - 1,674,273
    Brigade Leveraged Capital Structures Fund Ltd. – 711,528
    Donald E. Morgan, III – 2,319,044
     
  (b) Percent of class:
     
    Brigade Capital Management, LP – 17.97%
    Brigade Capital Management GP, LLC – 17.97%
    Nimbus Atlas LLC – 12.98%
    Brigade Capital GP, LLC – 12.98%
    Brigade Leveraged Capital Structures Fund Ltd. – 5.51%
    Donald E. Morgan, III – 17.97%
     
  (c)   Number of shares as to which the person has:
     
    (i) Sole power to vote or to direct the vote  
         
      Brigade Capital Management, LP – 0
      Brigade Capital Management GP, LLC – 0
      Nimbus Atlas LLC – 0
      Brigade Capital GP, LLC – 0
      Brigade Leveraged Capital Structures Fund Ltd. – 0
      Donald E. Morgan, III – 0
         
    (ii)   Shared power to vote or to direct the vote  
         
      Brigade Capital Management, LP – 2,319,044
      Brigade Capital Management GP, LLC – 2,319,044
      Nimbus Atlas LLC - 1,674,273
      Brigade Capital GP, LLC - 1,674,273
      Brigade Leveraged Capital Structures Fund Ltd. – 711,528
      Donald E. Morgan, III – 2,319,044
         
    (iii) Sole power to dispose or to direct the disposition of  
         
      Brigade Capital Management, LP – 0
      Brigade Capital Management GP, LLC – 0
      Nimbus Atlas LLC – 0
      Brigade Capital GP, LLC – 0
      Brigade Leveraged Capital Structures Fund Ltd. – 0
      Donald E. Morgan, III – 0
         
    (iv)   Shared power to dispose or to direct the disposition of  
         
      Brigade Capital Management, LP – 2,319,044
      Brigade Capital Management GP, LLC – 2,319,044
      Nimbus Atlas LLC - 1,674,273
      Brigade Capital GP, LLC - 1,674,273
      Brigade Leveraged Capital Structures Fund Ltd. – 711,528
      Donald E. Morgan, III – 2,319,044
         

 

 
 

 

Item 5. Ownership of Five Percent or Less of a Class.
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [_].
 
  N/A
   
   
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
 
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified.  A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
 
  N/A
   
   
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
 
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary.  If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
 
  N/A
   
   
Item 8. Identification and Classification of Members of the Group.
 
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group.  If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
 
  N/A
   
   
Item 9. Notice of Dissolution of Group.
 
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity.  See Item 5.
 
  N/A
   
   
Item 10. Certification.
 
  (a)   The following certification shall be included if the statement is filed pursuant to §240.13d-1(b).
     
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
     
  (b) The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):
     
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

  December 19, 2018
  (Date)
   
  Brigade Capital Management, LP
   
  By:  /s/ Donald E. Morgan, III
  (Signature)
   
  Managing Member of its General Partner
  (Name/Title)

 

 

  Brigade Capital Management GP, LLC
   
  /s/ Donald E. Morgan, III
  (Signature)
   
  Managing Member
  (Name/Title)

 

 

  Nimbus Atlas LLC
   
  By:  /s/ Donald E. Morgan, III
  (Signature)
   
  Managing Member of its Managing Member
  (Name/Title)

 

 

  Brigade Capital GP, LLC
   
  /s/ Donald E. Morgan, III
   
  Managing Member
  (Name/Title)

 

 

  Brigade Leveraged Capital Structures Fund Ltd.
   
  /s/ Donald E. Morgan, III
  (Signature)
   
  Director
  (Name/Title)

 

  /s/ Donald E. Morgan, III
  (Signature)

 

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s.240.13d-7 for other parties for whom copies are to be sent.

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

 
 

AGREEMENT

The undersigned agree that this Amendment to Schedule 13G dated December 19, 2018 relating to the Class A Common Stock, par value $0.0000001 per share, of Cumulus Media Inc. shall be filed on behalf of the undersigned.

  December 19, 2018
  (Date)
   
  Brigade Capital Management, LP
   
  By:  /s/ Donald E. Morgan, III
  (Signature)
   
  Managing Member of its General Partner
  (Name/Title)

 

 

  Brigade Capital Management GP, LLC
   
  /s/ Donald E. Morgan, III
  (Signature)
   
  Managing Member
  (Name/Title)

 

 

  Nimbus Atlas LLC
   
  By:  /s/ Donald E. Morgan, III
  (Signature)
   
  Managing Member of its Managing Member
  (Name/Title)

 

 

  Brigade Capital GP, LLC
   
  /s/ Donald E. Morgan, III
   
  Managing Member
  (Name/Title)

 

 

  Brigade Leveraged Capital Structures Fund Ltd.
   
  /s/ Donald E. Morgan, III
  (Signature)
   
  Director
  (Name/Title)

 

  /s/ Donald E. Morgan, III
  (Signature)