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Published on 7/16/2010 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Radio One extends exchange, consent deadline for 8 7/8%, 6 3/8% notes

By Devika Patel

Knoxville, Tenn., July 16 - Radio One, Inc. said it has extended the expiration date of its exchange offer for its 8 7/8% senior subordinated notes due 2011 and its 6 3/8% senior subordinated notes due 2013 and the related consent solicitation to 5 p.m. ET on July 31, since the conditions necessary to consummate the exchange offer have not yet been met.

As of 5 p.m. ET on July 15, approximately 89.8% of the notes had been tendered.

BNY Mellon Shareowner Services (800 777-3674 or 201 680-6579) is the exchange agent, information agent and subscription agent.

Radio One is a Washington, D.C.-based broadcasting company.


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