Urban One Launches Exchange and Tender Offers for Senior Secured Notes
Urban One Inc. has initiated an exchange and tender offer for its 7.375% Senior Secured Notes due 2028. Eligible holders can exchange these for new 7.625% Notes due 2031 and cash. The company also offers to buy up to $185 million of existing notes for $111 million in cash. Participation is limited to qualified institutional buyers and non-U.S. persons, with 73% of noteholders supporting the transaction.
Urban One Inc. has launched a debt transaction involving an exchange offer and a tender offer for its outstanding 7.375% Senior Secured Notes due 2028. Eligible holders are invited to exchange these notes for newly issued 7.625% Senior Secured Notes due 2031 and cash. Additionally, the company is offering to purchase up to $185 million in aggregate principal amount of the existing notes for up to $111 million in cash. The offers are subject to certain conditions, and participation is limited to qualified institutional buyers and non-U.S. persons. Approximately 73% of noteholders have agreed to support the transaction. 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: PH24890) on November 14, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
