Urban One completes major debt refinancing and recapitalization

Urban One ( (UONE) ) has shared an update.

On December 18, 2025, Urban One, Inc. completed a sweeping balance-sheet transaction centered on the exchange and refinancing of its secured debt, issuing $291.02 million of 7.625% second-lien senior secured notes due 2031 and $60.6 million of 10.500% first-lien senior secured notes due 2030, alongside an amended and restated $75 million asset-based lending facility with $25 million of incremental capacity. The new notes and ABL facility, all senior secured and governed by tight covenants, were used together with cash on hand to repurchase $185 million of its 7.375% senior secured notes due 2028 for $111 million in cash and to support an exchange offer and consent solicitation that attracted tenders from holders of roughly 97.6% of the outstanding existing notes as of December 15, 2025, effectively reshaping the company’s capital structure and easing restrictive provisions on the legacy notes. The capital structure reset, which also included a supplemental indenture stripping most covenants and collateral from the remaining existing notes and a transaction letter agreement revising CEO Alfred C. Liggins III’s total cash compensation, is designed to extend Urban One’s maturities, re-tier its lien stack and secure liquidity for working capital and general corporate purposes, with significant implications for creditors’ priority, governance constraints and the company’s financial flexibility.

The most recent analyst rating on (UONE) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Urban One stock, see the UONE Stock Forecast page.

Spark’s Take on UONE Stock

According to Spark, TipRanks’ AI Analyst, UONE is a Neutral.

Urban One’s overall stock score reflects significant financial challenges, including declining revenue, high leverage, and negative profitability. Technical indicators and valuation metrics further underscore the stock’s weak position. While corporate events show potential for financial restructuring, the overall outlook remains cautious.

To see Spark’s full report on UONE stock, click here.

More about Urban One

Urban One, Inc. is the largest diversified media company primarily targeting Black Americans and urban consumers in the United States. Through assets including the TV One cable network, which reaches more than 35 million households with original programming, classic series and movies, the company focuses on entertainment and information tailored to adult Black audiences across television and other media platforms.

Average Trading Volume: 22,640

Technical Sentiment Signal: Strong Sell

Current Market Cap: $42.15M

Learn more about UONE stock on TipRanks’ Stock Analysis page.