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Grupo Televisa Issues $600M Debt

11-24-2009 | Source: emii.com

People & Companies in the News

Mexican media conglomerate, Grupo Televisa, has raised $600 million in a debt sale, The Wall Street Journal reports. The group will use the proceeds from the placement will be used for general corporate purposes.

The bookrunner for the deal was Credit Suisse. The bonds, maturing in 2039, were issued at a coupon rate of 6.75%. The size of the deal was originally planned at $400 million.

Click here for the story from The Wall Street Journal.

Click here for additional coverage from Bloomberg.

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