---
schema_version: "secwatch.filing_event.v1"
accession: "0001041657-25-000070"
form_type: "8-K"
ticker: "UONE"
cik: "0001041657"
company_name: "URBAN ONE, INC."
filed_at: "2025-12-18T23:59:59+00:00"
generated_at: "2026-05-16T12:41:54.968383+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Urban One completes $291M second lien note exchange, issues $60.6M first lien notes, amends ABL facility

## Summary
- Issued $291.02M of 7.625% second lien notes due 2031 in exchange for existing 7.375% notes; $60.6M of 10.5% first lien notes due 2030 issued for cash.
- Tender offer for $185M of existing notes oversubscribed; 97.58% of outstanding existing notes validly tendered.
- Amended ABL credit agreement provides $75M commitments with $25M incremental capacity, secured primarily by ABL priority collateral.
- Supporting noteholders backstopped ~$56.2M of new first lien notes; CEO Alfred Liggins entered transaction letter agreement on compensation.
- Supplemental indenture adopted to eliminate restrictive covenants and release liens on existing notes, effective upon settlement.

## SEC filing metadata
- accession: 0001041657-25-000070
- form_type: 8-K
- ticker: UONE
- cik: 0001041657
- company_name: URBAN ONE, INC.
- filed_at: 2025-12-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041657/000104165725000070/0001041657-25-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041657/000104165725000070/uone-20251215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001041657-25-000070
- JSON: https://secwatch.observer/filing/0001041657-25-000070.json
- Plain text: https://secwatch.observer/filing/0001041657-25-000070.txt

## Key facts
- Debt Financings
  URBAN ONE, INC. incurred senior notes of $60.6 million at 10.500% maturing due 2030.
  - Instrument: senior notes
  - Principal: $60.6 million
  - Rate: 10.500%
  - Maturity: due 2030
  - Event: incurrence
  source text: On December 18, 2025, the Issuer issued $60.6 million aggregate principal amount of 10.500% First Lien Senior Secured Notes due 2030 (the “New First Lien Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041657/000104165725000070/0001041657-25-000070-index.htm
- Debt Financings
  URBAN ONE, INC. incurred senior notes of $291.02 million at 7.625% maturing due 2031.
  - Instrument: senior notes
  - Principal: $291.02 million
  - Rate: 7.625%
  - Maturity: due 2031
  - Event: incurrence
  source text: On December 18, 2025, Urban One, Inc. (the “Issuer”), issued $291.02 million aggregate principal amount of the Issuer’s 7.625% Second Lien Senior Secured Notes due 2031 (the “2L Exchange Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041657/000104165725000070/0001041657-25-000070-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.