debt
confidence high
sentiment neutral
materiality 0.30
Urban One amends 10.500% first lien notes indenture to widen permitted uses of asset-sale proceeds
URBAN ONE, INC.
- Supplemental indenture dated October 20, 2026 amends the indenture dated December 18, 2025 governing Urban One's 10.500% First Lien Senior Secured Notes due 2030.
- Issuer obtained consent from holders of more than a majority in aggregate principal amount of the First Lien Notes outstanding.
- Amendment expands permitted uses of proceeds from certain asset dispositions and makes other technical changes; Wilmington Trust, National Association remains trustee and collateral agent.
- No change to the 10.500% coupon or 2030 maturity was disclosed in the filing; CFO Peter D. Thompson signed the report on October 21, 2026.