Moody's Investors Service ("Moody's") affirmed Urban One, Inc.'s ("Urban One") B3 Corporate Family Rating (CFR), B3-PD Probability of Default Rating (PDR) and B3 senior secured notes rating. The speculative grade liquidity rating was upgraded to SGL-1 from SGL-2 reflecting very good liquidity. The o...
Rating Action: Moody's affirms Urban One's CFR at B3; outlook changed to positive. Global Credit Research- 27 Jan 2022. New York, January 27, 2022-- Moody's Investors Service affirmed Urban One, Inc.' s B3 Corporate Family Rating, B3-PD Probability of Default Rating and B3 senior secured note rating.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Urban One, Inc.. Global Credit Research- 29 Jul 2021. New York, July 29, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Urban One, Inc. and other ratings that are associated with the same analytical unit.
Rating Action: Moody's affirms Urban One's B3 CFR and assigns B3 rating to proposed senior secured note; outlook stable. Global Credit Research- 07 Jan 2021. New York, January 07, 2021-- Moody's Investors Service, affirmed Urban One, Inc.' s B3 Corporate Family Rating and B3-PD Probability of Default Rating and assigned a B3 rating to the proposed $825 million senior secured notes.
Announcement: Moody's says Urban One's tender offer is credit positive. Global Credit Research- 16 Oct 2020. New York, October 16, 2020-- Moody's Investors Service, says Urban One, Inc.' s tender offer is credit positive as it would extend out the company's debt maturity profile modestly and provide additional time to refinance outstanding debt.
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