TelevisaUnivision’s subsidiary, Univision Communications (Univision), closed an offering of $500 million of 8.5% senior secured notes due 2031 as part of its completed refinancing of $1 billion of outstanding debt.
In conjunction with the bond offering, Univision also amended and extended a $500 million tranche of loans under its 2007 Credit Agreement to have new maturity of 2029. These two debt transactions allowed Univision to refinance $1 billion of its $1.9 billion outstanding 2026 term loans.
TelevisaUnivision is the world’s leading Spanish-language content and media company. Powered by the largest library of owned Spanish-language content and industry-leading production capabilities, TelevisaUnivision informs viewers with news, sports and entertainment content across broadcast and cable television, audio and digital platforms.
The S&C team advising on the transactions included John Estes, Audra Cohen, James Shea, Joyce Kwok, Matthew Deorocki, Dominick Gambino and Jenna Paliughi.