Univision Communications Inc. Announces Early Results of its Tender Offer for Any and All of its 12.00% Senior Notes due 2014 and Related Consent Solicitation
Univision Communications Inc. (the “Company”), today announced that, pursuant to the terms of its previously announced cash tender offer to purchase any and all of its outstanding 12.00% Senior Secured Notes due 2014 (the “Notes”) and solicitation for consents to certain proposed amendments to the indenture governing the Notes (the “Indenture”), holders of $524,455,000 aggregate principal amount of the outstanding Notes (approximately 96.23%) have validly tendered, and not validly withdrawn, their Notes and have validly delivered, and not validly revoked, their consents for the proposed amendments prior to the expiration of the early tender time (the “Early Tender Time”) of 5:00 p.m., New York City time, on May 6, 2011 (the “Early Tendered Notes”).