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Published on 10/10/2017 in the Prospect News Emerging Markets Daily.

New Issue: Mexico’s Grupo Televisa sells Ps. 4.5 billion 8.79% bonds due 2027

By Marisa Wong

Morgantown, W.Va., Oct. 10 – Grupo Televisa, SAB priced Ps. 4.5 billion of 8.79% local bonds due 2027, according to a 6-K filed Friday with the Securities and Exchange Commission.

The certificados bursatiles were issued on Monday under the company’s existing bond program.

Proceeds will be used for general corporate purposes and working capital.

Televisa is a Mexico City-based mass media company.

Issuer:Grupo Televisa, SAB
Issue:Local bonds (certificados bursatiles)
Amount:Ps. 4.5 billion
Maturity:2027
Coupon:8.79%
Pricing date:Oct. 5
Settlement date:Oct. 9

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