Televisa’s $750 Million Notes Offering


Fried, Frank, Harris, Shriver & Jacobson, Mijares, Angoitia, Cortés y Fuentes, Paul Hastings and Ritch, Mueller, Heather y Nicolau advised on the transaction

Grupo Televisa executed its US$750 million aggregate principal amount of 5.25% senior notes due 2049 to be listed on the Luxembourg Stock Exchange.

BBVA Securities Inc., Citigroup Global Markets Inc. and Goldman, Sachs & Co. LLC acted as placing agents on the offering.

Grupo Televisa is the largest media company in the Spanish-speaking world and a major participant in the international entertainment business.

Fried Frank advised Televisa with a team led by corporate partner Joshua Wechsler (Picture) and including corporate partners Jessica Forbes, Michael T. Gershberg, and Kenneth I. Rosh; tax partner Joseph E. Fox; corporate special counsel Dave N. Rao; and corporate associates Camila Acchiardo Vallejo, Keith Dominguez, Cesar Munoz, Michael Rosenthall and Justin A. Schenck.

In Mexico, Mijares, Angoitia, Cortés y Fuentes advised Televisa with Ricardo Maldonado Yáñez, Manuel Tamez, Pedro García, Francisco Glennie, Eduardo Kalis and Stefany Victoria Dicktiar Canales.

Paul Hastings BBVA Securities Inc., Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC with Michael L. Fitzgerald, Arturo Carrillo, Pedro Reyes, Eduardo González and Emilio Miñon.

Ritch, Mueller, Heather y Nicolau advised BBVA Securities Inc., Citigroup Global Markets Inc. and Goldman Sachs & Co. LLC with José Berrueta Ochoa, Federico Santacruz González and Javier Barrera Gazcon.

Involved fees earner: Camila Acchiardo Vallejo – Fried Frank Harris Shriver & Jacobson; Keith Dominguez – Fried Frank Harris Shriver & Jacobson; Jessica Forbes – Fried Frank Harris Shriver & Jacobson; Joseph Fox – Fried Frank Harris Shriver & Jacobson; Michael Gershberg – Fried Frank Harris Shriver & Jacobson; Cesar Munoz – Fried Frank Harris Shriver & Jacobson; Dave Rao – Fried Frank Harris Shriver & Jacobson; Michael Rosenthall – Fried Frank Harris Shriver & Jacobson; Kenneth Rosh – Fried Frank Harris Shriver & Jacobson; Justin Schenck – Fried Frank Harris Shriver & Jacobson; Joshua Wechsler – Fried Frank Harris Shriver & Jacobson; Stefany Victoria Dicktiar Canales – Mijares, Angoitia, Cortés y Fuentes, S.C.; Pedro García Ampudia – Mijares, Angoitia, Cortés y Fuentes, S.C.; Francisco Glennie Quiròs – Mijares, Angoitia, Cortés y Fuentes, S.C.; Eduardo Kalis Daguer – Mijares, Angoitia, Cortés y Fuentes, S.C.; Ricardo Maldonado-Yáñez – Mijares, Angoitia, Cortés y Fuentes, S.C.; Manuel Tamez Zendejas – Mijares, Angoitia, Cortés y Fuentes, S.C.; Arturo Carrillo – Paul Hastings; Michael Fitzgerald – Paul Hastings; Eduardo Gonzalez – Paul Hastings; Pedro Reyes – Paul Hastings; Javier Barrera Gazcon – Ritch, Mueller, Heather y Nicolau, SC; José Berrueta Ochoa – Ritch, Mueller, Heather y Nicolau, SC; Federico Santacruz González – Ritch, Mueller, Heather y Nicolau, SC;

Law Firms: Fried Frank Harris Shriver & Jacobson; Mijares, Angoitia, Cortés y Fuentes, S.C.; Paul Hastings; Ritch, Mueller, Heather y Nicolau, SC;

Clients: BBVA Securities Inc.; Citigroup Global Markets Ltd; Goldman Sachs & Co.; Grupo Televisa SAB;

Author: Ambrogio Visconti