Investor Relations
PRESS RELEASE
GRUPO TELEVISA ANNOUNCES EXPIRATION AND FINAL TENDER RESULTS FOR ITS
PREVIOUSLY ANNOUNCED CASH TENDER OFFER
Mexico Metropolis, August 24, 2022-Grupo Televisa, S.A.B. (“Televisa,” the “Firm,” “we,” “us” or “our“), introduced as we speak the ultimate tender outcomes of its beforehand introduced tender provide to buy for money a most combination principal quantity of as much as US$300,000,000 of its 5.000% Notes due 2045 (the “2045 Notes“), 6.625% Notes due 2025 (the “2025 Notes“) and 5.250% Notes due 2049 (the “2049 Notes“), which was made upon the phrases and topic to the circumstances set forth within the provide to buy dated July 27, 2022 (as amended or supplemented, the “Supply to Buy“). We collectively confer with the excellent debt securities listed within the desk under because the “Notes” and to every of the listed excellent debt securities as a “sequence” of Notes. We confer with our provide to buy the Notes because the “Supply.” The Supply expired at 11:59 p.m. (New York Metropolis time) on August 23, 2022 (the “Expiration Date“). Capitalized phrases used on this press launch however not in any other case outlined have the meanings given to them within the Supply to Buy.
In reference to its beforehand introduced Supply, US$3,072,000 combination principal quantity of the 2025 Notes have been validly tendered by holders of such Notes after 5:00 p.m. (New York Metropolis time) on August 9, 2022 (the “Early Tender Date“) and at or previous to the Expiration Date. In connection therewith, we’re additionally rising the 2025 Collection Tender Cap from the beforehand introduced US$130,508,000 to US$133,580,000 (as amended herein, the “2025 Collection Tender Cap“). No further 2045 Notes or 2049 Notes have been tendered by holders of such Notes after the Early Tender Date and at or previous to the Expiration Date.
We reported the early tender outcomes and the combination principal quantity of Notes that we accepted for buy on the Early Tender Date (the “Early Settlement Notes“) in our Kind 6-Okay and press launch filed with the Securities and Trade Fee on August 11, 2022.
The next desk units forth sure data referring to the Notes and the Supply, together with, amongst different issues, the principal quantity of Notes tendered on or previous to the Expiration Date and accepted within the Supply, excluding the Early Settlement Notes (the “Ultimate Settlement Notes“). We have been suggested by World Bondholder Companies Company, because the tender agent and knowledge agent for the Supply, that as of the Expiration Date, the combination principal quantities of the Ultimate Settlement Notes specified within the desk under have been validly tendered.
Principal | ||||||||||||||||
Quantity | ||||||||||||||||
Acceptance | Tendered and | |||||||||||||||
Principal Quantity | Precedence | Late Tender | Accepted as of | |||||||||||||
Title of Safety | CUSIP | ISIN | Excellent(1) | Degree | Consideration(2) | Collection Tender Cap | Expiration Date | |||||||||
5.000% Notes due 2045 | 40049 JBA4 | US40049 JBA43 | US$1,000,000,000 | 1 | – | US$200,000,000 | US$110,642,000 | |||||||||
6.625% Notes due 2025 | 40049 JAV9 | US40049 JAV98 | US$400,000,000 | 2 | US$1,029.52 | US$133,580,000 | US$133,580,000 | |||||||||
5.250% Notes due 2049 | 40049 JBE6 | US40049 JBE64 | US$750,000,000 | 3 | – | N/A | US$47,810,000 |
- Combination principal quantity excellent at graduation of the Supply.
- Per every US$1,000 principal quantity of Notes validly tendered and accepted for buy (unique of any accrued and unpaid curiosity from, and together with, the final curiosity fee date for the related sequence of Notes as much as, however excluding, the Ultimate Settlement Date (as outlined under) (“Accrued Curiosity“).
Total, Televisa has accepted for buy US$292,032,000 combination principal quantity of the tendered Notes, consisting of US$288,960,000 in Early Settlement Notes beforehand paid for by Televisa on August 12, 2022 and US$3,072,000 in Ultimate Settlement Notes, together with US$110,642,000 combination principal quantity of the 2045 Notes, US$133,580,000 combination principal quantity of the 2025 Notes and US$47,810,000 combination principal quantity of the 2049 Notes.
Televisa’s obligation to just accept Notes tendered was topic to the satisfaction or waiver of sure circumstances described within the Supply to Buy. All circumstances to the Supply have been deemed glad (or well timed waived) by Televisa by the Expiration Date. Accordingly, on August 25, 2022 (the “Ultimate Settlement Date“), Televisa pays for all Ultimate Settlement Notes validly tendered at or previous to the Expiration Date and accepted for buy by Televisa pursuant to the Supply. Holders who tendered Notes after the Expiration Date is not going to have any of their Notes accepted for buy. Any tendered Notes not accepted for buy can be returned or credited with out expense to the Be aware holder’s account.
Holders who validly tendered their Notes on or previous to the Expiration Date and whose Notes have been accepted for buy by Televisa pursuant to the Supply are eligible to obtain the relevant Late Tender Consideration, in addition to any Accrued Curiosity on their accepted Notes.
The mixture Late Tender Consideration, excluding Accrued Curiosity, payable on the Ultimate Settlement Date for Ultimate Settlement Notes validly tendered on or previous to the Expiration Date and accepted within the Supply can be US$3,162,685.44.
* * *
The Seller Managers
Televisa retained Citigroup World Markets Inc. and Santander Funding Securities Inc. to behave as supplier managers in reference to the Supply (the “Seller Managers“). Any questions or requests for help concerning the Supply could also be directed to the Seller Managers at their contact data set forth under.
Citigroup World Markets Inc. | Santander Funding Securities Inc. |
388 Greenwich Avenue, 4th Flooring Buying and selling | 45 East 53 Avenue, 5th Flooring, |
New York, New York 10013 | New York, New York 10022 |
United States of America | United States of America |
Attn: Legal responsibility Administration | Attn: Legal responsibility Administration |
Toll-Free: +1 800-558-3745 | Toll-Free: +1 855-404-3636 |
Accumulate: +1 212-723-6106 | Accumulate: +1 212-940-1442 |
The Tender Agent and the Info Agent
Copies of the Supply to Buy could also be obtained from World Bondholder Companies Company, the tender agent and the data agent for the Supply, at +1 (855) 654-2015(toll-free) or +1 (212) 430-3774 (accumulate).
About Grupo Televisa
Televisa is a serious telecommunications company which owns and operates some of the important cable firms in addition to a number one direct-to-home satellite tv for pc pay tv system in Mexico. Televisa’s cable enterprise presents built-in providers, together with video, high-speed information and voice to residential and business clients in addition to managed providers to home and worldwide carriers. Televisa owns a majority curiosity in Sky, a number one direct- to-home satellite tv for pc pay tv system and broadband supplier in Mexico, working additionally within the Dominican Republic and Central America. Televisa holds plenty of concessions by the Mexican authorities that authorizes it to broadcast programming over tv stations for the indicators of TelevisaUnivision, Inc. (“TelevisaUnivision“), and Televisa’s cable and DTH techniques. As well as, Televisa is the biggest shareholder of TelevisaUnivision, a number one media firm producing, creating, and distributing Spanish-speaking content material via a number of broadcast channels in Mexico, the US and over 60 nations via tv networks, cable operators and over-the-top or “OTT” providers. Televisa additionally has pursuits in journal publishing and distribution, skilled sports activities and dwell leisure, and gaming.
Disclaimer
This press launch incorporates forward-looking statements. The forward-looking statements on this press launch needs to be learn along with the elements described in “Merchandise 3. Key Info – Ahead-Trying Statements” within the Firm’s Annual Report on Kind 20-F. Readers are cautioned to not place undue reliance on these forward-looking statements, which communicate solely as of their dates. The Firm undertakes no obligation to publicly replace or revise any forward-looking statements, whether or not because of new data, future occasions or in any other case.
Contact Info
Investor Relations
www.televisair.com.mx
Tel: (52 55) 5261 2445
Rodrigo Villanueva, VP, Head of Investor Relations / rvillanuevab@televisa.com.mx
Andrés Audiffred, Investor Relations Director / aaudiffreda@televisa.com.mx
Media Relations
Rubén Acosta / Tel: (52 55) 5224 6420 / racostamo@televisa.com.mx
Teresa Villa / Tel: (52 55) 4438 1205 / atvillas@televisa.com.mx
Disclaimer
Grupo Televisa SAB revealed this content material on 24 August 2022 and is solely answerable for the data contained therein. Distributed by Public, unedited and unaltered, on 24 August 2022 13:37:06 UTC.
Publicnow 2022
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Technical evaluation developments GRUPO TELEVISA, S.A.B.
| Quick Time period | Mid-Time period | Lengthy Time period | |
| Developments | Bearish | Bearish | Bearish |
Earnings Assertion Evolution
Promote  Purchase | |
| Imply consensus | BUY |
| Variety of Analysts | 12 |
| Final Shut Worth | 27,30 MXN |
| Common goal worth | 53,16 MXN |
| Unfold / Common Goal | 94,7% |
