Univision Seeks Consent From Noteholders
April 24, 2007 at 5:47 AM (PT)
UNIVISION is soliciting consents for amendments to certain of its notes to conform to the reporting obligations contained in the company’s Senior Notes Indenture, dated MARCH 29, 2007, governing its 9.75%/10.50% Senior Notes due 2015. Affected noteholders are those holding 3.500% Senior Notes due 2007; 3.875% Senior Notes due 2008; and 7.85% Senior Notes due 2011. UNIVISION is offering a consent fee of $2.50 for each $1,000 in principal amount of notes.
A majority of noteholders of each series is required for approval. Consents will be solicited from holders of record of each series of notes as of APRIL 23 and the consent solicitations will expire at 5p ET on MAY 2.