Urban One, Inc. Announces Redemption of Its Outstanding 9.25% Senior Subordinated Notes Due 2020
January 17, 2019 at 04:33 pm EST
Urban One, Inc. announced that it had given the required notice under the governing indenture to redeem for cash all $2,037,000.00 aggregate principal of its 9.25% Senior Subordinated Notes due 2020 (the Notes) to the extent outstanding on February 15, 2019 (the Redemption Date). The redemption price for the Notes will be 100.0% of the principal amount of the Notes, plus accrued and unpaid interest to the Redemption Date.