Another Extension For Radio One Note Exchange Offer
October 25, 2010 at 4:34 AM (PT)
RADIO ONE has again extended the expiration time of its previously announced exchange offer for its 8-7/8% Senior Subordinated Notes due 2011 and its 6-3/8% Senior Subordinated Notes due 2013, and together with the 2011 Notes and the related consent solicitation, to 5p (ET) on NOVEMBER 5th. The date was previously extended to last FRIDAY (10/22).
As of 5p (ET) FRIDAY, about 92% of the outstanding Existing Notes had been validly tendered into the exchange offer and not withdrawn.