Urban One amends debt terms to expand permitted uses of asset-sale proceeds
Urban One amended its 10.5% First Lien Senior Secured Notes due 2030 to expand permitted uses of proceeds from certain asset dispositions, with consent from holders of more than a majority of the notes’ outstanding principal amount.
1. Amended note terms
Urban One amended its 10.5% First Lien Senior Secured Notes due 2030 through a supplemental indenture on October 20, 2026. The change expands permitted uses of proceeds from certain asset dispositions, and holders representing more than a majority of the notes’ outstanding aggregate principal amount consented.
