trending Market Intelligence /marketintelligence/en/news-insights/trending/oZmJFYthN9RNoNXYx07rbg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

S&P revises Urban One outlook to stable on refinancing plan

An interview with Antony Jenkins, Founder & Executive Chairman, 10x Future Technologies

COVID-19 Lockdown Boosted Growth Of Digital Platforms

Asia-Pacific markets improve broadband speeds despite COVID-19 impact

Simplifying The Assessment of Company Fundamental Data


S&P revises Urban One outlook to stable on refinancing plan

S&P Global Ratings revised its outlook on Urban One Inc. to stable from negative over the expectation that the company will generate about $50 million of free operating cash flow over the next year.

The free operating cash flow will be mainly used for debt reduction and to reduce leverage to the mid-6x area, according to the rating agency. S&P affirmed the B- issuer credit rating on the radio broadcaster and cable TV operator and lowered the issue-level ratings to B- from B.

The agency believes that on completing the proposed refinancing, the redemption of the senior subordinated notes will lessen the refinancing risk associated with the November 2019 springing maturity of its existing $350 million senior secured term loan and result in no material maturities before 2022.

This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings, a separately managed division of S&P Global. Descriptions in this news article were not prepared by S&P Global Ratings. The original S&P Global Ratings documents referred to in this news brief can be found here.