UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 6-K
 
REPORT OF FOREIGN ISSUERPURSUANT TO RULES 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of July, 2019
 

GRUPO TELEVISA, S.A.B.
(Translation of registrant’s name into English)
 

Av. Vasco de Quiroga No. 2000, Coloni a Sante Fe 01210 Mexico City, Mexico
(Address of principal executive offices)
 
 



(Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.)

Form 20-F   Form 40-F  
(Indicate by check mark whether the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1).)

Yes       No  
(Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7).)

Yes         No  
 
 



EXHIBITS
 
         
Exhibit
Number
 
 
 
Description
 
     
     
99.1
 
 
Press Release dated July 8, 2019





SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
             
 
 
 
 
GRUPO TELEVISA, S.A.B.
 
 
 
 
(Registrant)
       
Dated: July 8, 2019
 
 
 
By
 
/s/ Luis Alejandro Bustos Olivares
 
 
 
 
Name:
 
Luis Alejandro Bustos Olivares
 
 
 
 
Title:
 
Legal Vice President and General Counsel





Investor Relations
PRESS RELEASE





Grupo Televisa Announces the Execution of a Credit Agreement


Mexico City, July 8, 2019   - Grupo Televisa, S.A.B. (“Televisa” or the “Company”; NYSE:TV; BMV:TLEVISA CPO) announces that it has executed a credit agreement for a five year term loan (the “Loan”) in an amount of MXN$10,000,000,000.00 (Ten Thousand Million Pesos 00/100) with a syndicate of banks.  The Loan was funded on July 5, 2019 and may be used for general corporate purposes, which may include refinancing of existing indebtedness. The Loan will bear interest at a floating rate based on a spread of 105 bps or 130 bps over the 28 day TIIE Rate (Tasa de Interés Interbancaria de Equilibrio) depending on the Company’s net leverage ratio. The Loan covenants require the maintenance of financial ratios related to indebtedness and interest expense.  BBVA, Banco Santander and Citigroup Global Markets acted as Joint Bookrunners.


About Grupo Televisa

Televisa is a leading media company in the Spanish-speaking world, an important cable operator in Mexico and an operator of a leading direct-to-home satellite pay television system in Mexico. Televisa distributes the content it produces through several broadcast channels in Mexico and in over 75 countries through 26 pay-tv brands, television networks, cable operators and over-the-top or “OTT” services. In the United States, Televisa’s audiovisual content is distributed through Univision Communications Inc. (“Univision”) the leading media company serving the Hispanic market. Univision broadcasts Televisa’s audiovisual content through multiple platforms in exchange for a royalty payment. In addition, Televisa has equity and warrants which upon their exercise would represent approximately 36% on a fully-diluted, as-converted basis of the equity capital in Univision Holdings, Inc., the controlling company of Univision. Televisa’s cable business offers integrated services, including video, high-speed data and voice services to residential and commercial customers as well as managed services to domestic and international carriers. Televisa owns a majority interest in Sky, a leading direct-to-home satellite pay television system and broadband provider in Mexico, operating also in the Dominican Republic and Central America. Televisa also has interests in magazine publishing and distribution, radio production and broadcasting, professional sports and live entertainment, feature- film production and distribution, and gaming.





Disclaimer

This press release contains forward-looking statements regarding the Company’s results and prospects. Actual results could differ materially from these statements. The forward-looking statements in this press release should be read in conjunction with the factors described in “Item 3. Key Information – Forward-Looking Statements” in the Company’s Annual Report on Form 20-F, which, among others, could cause actual results to differ materially from those contained in forward-looking statements made in this press release and in oral statements made by authorized officers of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.





























Investor Relations
Carlos Madrazo / Tel: (52 55) 5261 2445 / cmadrazov@televisa.com.mx
Santiago Casado / Tel: (52 55) 5261 2438 / scasado@televisa.com.mx

Media Relations
Alejandro Olmos / Tel: (52 55) 4438 1205 / aolmosc@televisa.com.mx
Artemisa Padilla / Tel: (52 55) 5224 6360 / apadillagu@televisa.com.mx

www.televisair.com
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