Urban One launches exchange offer for $488M in bonds

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Go back to Urban One launches exchange offer for $488M in bonds

URBAN ONE, INC. ANNOUNCES OFFERS AND CONSENT SOLICITATION

November 14, 2025 4:05 PM EST

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 Notes due 2028 (the "Existing Notes") held by Eligible Holders (as defined below) for newly issued 7.625% Senior Secured Notes due 2031 (the "Exchange Notes"), to be issued by the Company and guaranteed by each existing and future subsidiaries of the Company, and cash.

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