Entravision Launches Note Exchange
December 2, 2010 at 4:32 AM (PT)
ENTRAVISION COMMUNICATIONS CORPORATION has launched a plan to exchange up to $400 million aggregate principal amount of new 8.750% Senior Secured First Lien Notes due 2017 for its outstanding 8.750% Senior Secured First Lien Notes due 2017.
The debt swap exchanges existing debt for new debt at substantially similar terms, with the changes involving transfer restrictions, registration rights and additional interest.
The exchange offer will expire at 5p (ET) on JANUARY 6th.