Univision Announces Extension of Tender Offer for its 9.75%/10.50% Senior Notes Due 2015
NEW YORK, Nov. 10, 2010 /PRNewswire/ -- Univision Communications Inc., today announced that it has extended the expiration time of its previously announced cash tender offer for $460,000,000 aggregate principal amount of its 9.75%/10.50% Senior Notes due 2015 from 5:00 p.m., December 7, 2010 to 12:01 a.m., December 8, 2010.
This news release is neither an offer to purchase nor a solicitation of an offer to sell any notes. Persons with questions regarding the tender offer should contact the following dealer manager – Deutsche Bank Securities Inc. at (866) 627-0391 (U.S. toll free) or (212) 250-6429 (call collect).
About Univision Communications:
Univision Communications Inc. is the premier Spanish-language media company in the United States. Its operations include Univision Network, the leading Spanish-language broadcast television network in the U.S. reaching approximately 97% of U.S. Hispanic Households; TeleFutura Network, a general-interest Spanish-language broadcast television network, which was launched in 2002 and now reaches approximately 86% of U.S. Hispanic Households; Galavision, the country's leading Spanish-language cable network; Univision Studios, which produces and co-produces telenovelas, reality shows, dramatic series and other programming formats for all of the Company's platforms; Univision Television Group, which owns and operates 56 television stations in major U.S. Hispanic markets and Puerto Rico; Univision Radio, the leading Spanish-language radio group which owns and/or operates 65 radio stations in 16 of the top 25 U.S. Hispanic markets and 5 stations in Puerto Rico; and Univision Interactive Media, which includes http://www.univision.com, the leading Spanish-language Internet destination in the U.S., and Univision Movil, the leading provider of mobile products and services to the Hispanic mobile market. Univision Communications also has a 50% interest in TuTv, a joint venture formed to broadcast Televisa's pay television channels in the U.S. Univision Communications has television network operations in Miami and television and radio stations and sales offices in major cities throughout the United States. For more information, please visit www.univision.net.
This document contains forward-looking statements that involve risks and uncertainties. Factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements include: adverse conditions in the capital markets and the failure of holders to participate in the tender offer or our inability to secure financing on suitable terms or at all; changes in federal or state securities laws; and changes in our business and financial condition. Actual results may differ materially due to these risks and uncertainties as well as those described in the Company's annual and quarterly reports and in the offering material for its notes. The Company assumes no obligation to update forward-looking information contained in this press release.
SOURCE Univision Communications Inc.
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