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URBAN ONE, INC. ANNOUNCES OFFERS AND CONSENT SOLICITATION - Urban One (NASDAQ:UONE), Urban One (NASDAQ:UONEK)

On November 14, 2025, Urban One, Inc. commenced an Exchange Offer to swap outstanding 7.375% Senior Secured Notes due 2028 for 7.625% Senior Secured Notes due 2031 and cash, packaging it with a Tender Offer, Subscription Offer, and Consent Solicitation.
The Offers aim to obtain Consents to Proposed Amendments that would eliminate substantially all restrictive covenants and modify provisions, while the Company secured a Transaction Support Agreement with Supporting Noteholders holding approximately 73% of the Existing Notes Indenture.
To participate, Eligible Holders must tender Existing Notes and deliver Consents by the Early Tender Date, Withdrawal Deadline, and Funding Deadline via DTC's ATOP, with proration above the $185.0 million Tender Cap and $600 Tender Consideration per $1,000.
Acceptance and issuance hinge on conditions in the Offering Memorandum dated November 14, 2025, including a 98% minimum valid tender condition and the Company's discretion to amend, extend, terminate or withdraw Offers.
The release underscores forward‑looking risks, noting the New Notes are unregistered and limited to Eligible Holders, who are urged to review the Offering Memorandum and risk factors, with Urban One owning TV One, serving more than 35 million households.

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URBAN ONE, INC. ANNOUNCES OFFERS AND CONSENT SOLICITATION

SILVER SPRING, Md., Nov. 14, 2025 /PRNewswire/ -- Urban One, Inc. (NASDAQ: UONEK and UONE) (the "Company") today announced that it has commenced an offer to exchange (the "Exchange Offer") any and all of the Company's outstanding 7.375% Senior Secured…

2 days ago

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URBAN ONE, INC. ANNOUNCES OFFERS AND CONSENT SOLICITATION - Urban One (NASDAQ:UONE), Urban One (NASDAQ:UONEK)

SILVER SPRING, Md., Nov. 14, 2025 /PRNewswire/ -- Urban One, Inc. (NASDAQ:UONEK) (the "Company") today announced that it has commenced an offer to exchange (the "Exchange Offer") any and all of the

2 days ago·New York, United States

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