Simpson Thacher acts in reopening of TelevisaUnivision senior secured note offering

Simpson Thacher acted as counsel to the initial purchasers, led by Morgan Stanley, in connection with a Rule 144A/Regulation S offering by Univision Communications, a subsidiary of TelevisaUnivision, of $240.7 million aggregate principal amount of 8.000% Senior Secured Notes due 2028.

The additional notes constituted a reopening of the $500 million principal amount of notes initially issued on August 7, 2023 and the $700 million principal amount of notes issued on December 18, 2023, increasing the aggregate principal amount of the series to $1,440,700,000.

TelevisaUnivision intends to use the net proceeds from this offering, together with available cash, to redeem all of the remaining $240.7 million aggregate principal amount outstanding of its Senior Secured Notes due 2025, including any costs, fees and expenses in connection therewith.

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.

Simpson Thacher’s team included partners Todd Crider (pictured left), Marisa Stavenas (pictured centre), John O’Connell (pictured right), Ismael Duran, Jon Pall and Toby Chun, counsels Kirsten Davis, Michael Mann, Jeanne Annarumma, Andrew Kofsky, Timothy Gallagher and Jennie Getsin, and associates Winnie Loureiro, Erin Camia, Jomar Vargas, Larissa Gebrim, Pasco Struhs, Courtney Welshimer, Kate Mirino and Noreen Lavan.