Sidley represented Spanish-language media company Univision Communications Inc. (“Univision”) in connection with a Rule 144A/Regulation S offering of US$1.05 billion aggregate principal amount of 4.500% Senior Secured Notes due 2029. The offering is part of the financing for the proposed business combination of the media content business of Grupo Televisa, S.A.B. (“Televisa”) with Univision’s business, pursuant to the previously announced Transaction Agreement, dated as of April 13, 2021, between Televisa and Univision Holdings, Inc. The offering closed on May 21, 2021.
The deal team was led by Kelly Dybala (Global Finance), David Ni (Capital Markets), and Johnny Skumpija (Capital Markets), and included Adam Nelson (Global Finance), John Stribling (Capital Markets), and Betsy Mead (Capital Markets).