On January 7, Audacy announced that we have reached an agreement with a supermajority of our debtholders on the terms of a comprehensive financial restructuring that will significantly deleverage our balance sheet and further position us for long-term growth.
We believe the restructuring process will only make us an even stronger partner for you and will enable us to capitalize on our strategic transformation into a scaled, leading multi-platform audio content and entertainment company with distinctive competitive advantages.
Please know that our vendors will continue to play an instrumental long-term role in our business.
We thank you for your continued support and partnership as we move through this process, and are available to answer any questions you may have. Additional information, including court documents and claim information, can be found by visiting Audacy’s claims agent Epiq, dialing (877) 491-3119 (toll free U.S.) / +1(503) 406-4581 (International) or emailing email@example.com.