Urban One Announces Final Results of Note Exchange and Tender Offers

Reuters
Dec 16, 2025
<a href="https://laohu8.com/S/UONE">Urban One</a> Announces Final Results of Note Exchange and Tender Offers

Urban One Inc. has announced the completion of a series of debt transactions, including an exchange offer, tender offer, and subscription offer. The company offered to exchange its outstanding 7.375% Senior Secured Notes due 2028 for newly issued 7.625% Second Lien Senior Secured Notes due 2031 and cash, and to purchase up to $185 million in principal amount of the existing notes for up to $111 million in cash. Additionally, eligible holders were given the right to subscribe for up to $60.6 million of newly issued 10.500% First Lien Senior Secured Notes due 2030. The company also received the necessary consents to amend the indenture governing the existing notes, eliminating most restrictive covenants, certain default provisions, and releasing collateral and guarantees, with these changes becoming effective upon settlement of the transactions. The offers were only available to qualified institutional buyers and certain non-U.S. persons.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Urban One Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH47657) on December 16, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10