Brief: Urban One Announces Pricing Of $825 Million Senior Secured Notes Offering
08/01/2021 21:33
Jan 8 (Reuters) - Urban One Inc UONEK.O :
* URBAN ONE, INC. ANNOUNCES PRICING OF $825.0 MILLION SENIOR
SECURED NOTES OFFERING
* URBAN ONE INC - PRICED AN OFFERING OF $825.0 MILLION OF
ITS
7.375% SENIOR SECURED NOTES DUE 2028
* URBAN ONE - INTENDS TO USE NET PROCEEDS, TOGETHER WITH
CASH ON
HAND, TO REPAY/REDEEM LOANS OUTSTANDING UNDER CREDIT AGREEMENT,
DATED APRIL 18, 2017
Source text for Eikon: ID:nPn5G5n31a
Further company coverage: UONEK.O
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