US EditionURBAN ONE, INC. ANNOUNCES EARLY RESULTS OF OFFERS AND CONSENT SOLICITATION
- Urban One, Inc. received the required consents from Eligible Holders for amendments to the Existing Notes Indenture, allowing changes that eliminate restrictive covenants and default provisions in the agreement.
- The Proposed Amendments will be effective following the completion of the Exchange Offer and Tender Offer, according to Urban One, Inc.
- The Offers and Consent Solicitation are conditional on certain criteria, including the Supporting Noteholders fulfilling obligations under the Transaction Support Agreement.
- Urban One, Inc. is the largest diversified media company targeting Black Americans and urban consumers in the U.S., owning 74 broadcast stations as of September 30, 2025.
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61 Articles
Rutland Herald
URBAN ONE, INC. ANNOUNCES EARLY RESULTS OF OFFERS AND CONSENT SOLICITATION
SILVER SPRING, Md., Dec. 1, 2025 /PRNewswire/ -- Urban One, Inc. (NASDAQ: UONEK and UONE) (the "Company") today announced the early results of the previously announced offers: (a) to exchange (the "Exchange Offer") any and all of the Company's outstanding…
Urban One Debt Swap Wins Strong Noteholder Nod
Some 92% of Urban One‘s bondholders, representing $450 million in debt, submitted their notes before the December 1 early tender deadline as the company superserving African American consumers advances a three-part refinancing strategy. The robust early results from the company’s debt restructuring plan, revealed in November, follows a series of similar debt exchanges across the radio industry as companies work to refinance under higher interest…
Urban One Secures Strong Noteholder Support for Debt Exchange
Urban One has announced robust early results from its debt restructuring plan. 92% of bondholders, representing $450 million in debt, submitted their notes before the December 1 early tender deadline as the company advances a three-part refinancing strategy.
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