Urban One Announces Final Results of Debt Exchange and Tender Offer
Reuters
Dec 19, 2025
<a href="https://laohu8.com/S/UONE">Urban One</a> Announces Final Results of Debt Exchange and Tender Offer
Urban One Inc. has announced the expiration and final results of its recently launched debt transaction, which included an exchange offer, a tender offer, and a 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, purchase up to $185 million of the existing notes for up to $111 million in cash, and allow eligible holders to subscribe for up to $60.6 million in newly issued 10.500% First Lien Senior Secured Notes due 2030. The transaction also involved proposed amendments to the existing notes' indenture, including eliminating most restrictive covenants and security requirements, which will become operative upon completion of the settlement. The offers were only made 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001041657-25-000070), on December 18, 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.