Univision Tender Offer Expires, $524 Million In Notes Tendered
May 23, 2011 at 5:40 AM (PT)
UNIVISION COMMUNICATIONS INC. has announced that its tender offer to purchase any and all of its outstanding 12.00% Senior Secured Notes due 2014 has expired, effective FRIDAY (5/20) at 5p, and as of that time, $524,455,000 of the $545.0 million aggregate principal amount of the notes outstanding had been validly tendered. In addition, the consents exceeded the requisite consents needed to approve all of the proposed amendments to the indenture governing the notes.
Notes not tendered remain outstanding and will be redeemed on JUNE 8th.