Simpson Thacher represented the initial purchasers in connection with a Rule 144A/Regulation S offering by Univision Communications Inc. (“UCI”), a wholly owned subsidiary of TelevisaUnivision, Inc., of $755 million aggregate principal amount of additional 8.500% Senior Secured Notes due 2031. The additional notes constituted a reopening of the $500 million principal amount of 8.500% Senior Secured Notes due 2031 initially issued by UCI on June 7, 2024, increasing the aggregate principal amount of the series to $1,255,000,000.
TelevisaUnivision is a global media company that entertains, informs and empowers Hispanics with news, sports and entertainment content across broadcast and cable television, audio and digital platforms.
The Simpson Thacher team for the transaction included Todd Crider, John O’Connell, Kirsten Davis, Julie De Keukeleire and Leandra Kede Yomo (Capital Markets); Jomar Vargas (Banking & Credit); Jon Pall (Collateral); Michael Mann (Tax); Courtney Welshimer and Paige Brinton (Intellectual Property); Jeanne Annarumma, Andrew Kofsky and Pasco Struhs (Executive Compensation and Employee Benefits); Timothy Gallagher (Real Estate); and Jennie Getsin (Blue Sky).