Cumulus exits Chapter 11 with lenders owning all equity
Cumulus Media completed its restructuring on Oct. 16, transferring all reorganized equity to former lenders and issuing them $50 million in new notes.
Debt Restructuring
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Zambia heads toward Aug. 13 election as Hichilema’s economic record faces test
Zambia’s presidential and parliamentary elections are scheduled for Aug. 13, with President Hakainde Hichilema seeking a second term amid cost-of-living concerns.
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Zambia’s August 2026 election puts Hakainde Hichilema’s economic record to the test
Zambia is heading toward an August 2026 presidential election as copper gains, debt restructuring and an IMF growth forecast collide with persistent cost-of-living concerns.