一个城市完成了债务重组,将大部分票据换成新的票据和现金,并放宽了债务条件。 Urban One completed debt restructuring, exchanging most notes for new ones and cash, and eased debt terms.

城市一号公司于2025年12月15日完成了债务重组,其4.88亿美元中约97.6%的票据尚未提交或同意,占7.75%。 Urban One, Inc. completed its debt restructuring on December 15, 2025, with about 97.6% of its $488 million in outstanding 7.375% notes tendered or consenting. 这一1.85亿美元的现金投标报价被过多认购,导致按比例接受。 The $185 million cash tender offer was oversubscribed, leading to prorated acceptance. 持有者交换的纸币是新的7.625%的第二份留置纸币和现金,440万美元是新的10.5%的第一份留置纸币,其余的5 620万美元将由持记人购买。 Holders exchanged notes for new 7.625% second lien notes and cash, while $4.4 million in new 10.5% first lien notes were subscribed, with the remaining $56.2 million to be purchased by supporting noteholders. 公司取得同意,取消了债务协议中大多数限制性契约并更改了控制规定。 The company secured consent to eliminate most restrictive covenants and change of control provisions in the debt agreement.