0001193125-14-456275.txt : 20141230 0001193125-14-456275.hdr.sgml : 20141230 20141230090036 ACCESSION NUMBER: 0001193125-14-456275 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20141230 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20141230 DATE AS OF CHANGE: 20141230 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTRAVISION COMMUNICATIONS CORP CENTRAL INDEX KEY: 0001109116 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 954783236 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15997 FILM NUMBER: 141314527 BUSINESS ADDRESS: STREET 1: 2425 OLYMPIC BLVD STREET 2: STE 6000 WEST CITY: SANTA MONICA STATE: CA ZIP: 90404 BUSINESS PHONE: 3104473870 MAIL ADDRESS: STREET 1: 2425 OLYMPIC BLVD STREET 2: STE 6000 WEST CITY: SANTA MONICA STATE: CA ZIP: 90404 8-K 1 d843902d8k.htm 8-K 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

Current Report

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 30, 2014

 

 

ENTRAVISION COMMUNICATIONS CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-15997   95-4783236

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

2425 Olympic Boulevard, Suite 6000 West

Santa Monica, California 90404

(Address of principal executive offices) (Zip Code)

(310) 447-3870

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01 Other Events.

On December 30, 2014, Entravision Communications Corporation (the “Company”) issued a press release announcing its intention to prepay $20 million of term loans under the Company’s senior secured term loan credit facility entered into on May 31, 2013. The Company currently anticipates funding this prepayment by using cash on hand. Following this prepayment, approximately $340 million will remain outstanding under the Company’s term loan credit facility.

A copy of the press release is attached as Exhibit 99.1 to this Form 8-K.

This report contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts, including, without limitation, statements regarding any future payment of cash dividends, are forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. These risks and uncertainties include, but are not limited to, risks described under the caption “Risk Factors” in our Annual Report on Form 10-K for the period ended December 31, 2013. The Company assumes no obligation, and disclaims any duty, to update the forward-looking statements in this report.

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

  99.1 Press release issued by Entravision Communications Corporation on December 30, 2014.

 

- 2 -


SIGNATURES

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 hereunto duly authorized.

 

    ENTRAVISION COMMUNICATIONS CORPORATION
Date: December 30, 2014     By:   /s/ Walter F. Ulloa
      Walter F. Ulloa
     

Chairman and Chief Executive Officer

 

- 3 -


EXHIBIT INDEX

 

Exhibit

Number

  

Description of Exhibit

99.1    Press release issued by Entravision Communications Corporation on December 30, 2014.

 

- 4 -

EX-99.1 2 d843902dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

ENTRAVISION COMMUNICATIONS CORPORATION

ANNOUNCES PARTIAL DEBT PAYMENT

SANTA MONICA, CALIFORNIA – December 30, 2014 – Entravision Communications Corporation (NYSE: EVC), a diversified media company serving Latino audiences and communities, today announced its intention to prepay $20 million of term loans under the company’s senior secured term loan credit facility entered into on May 31, 2013. Entravision currently anticipates funding this prepayment by using cash on hand. Following the prepayment, approximately $340 million will remain outstanding under the company’s term loan credit facility.

“Our solid balance sheet and sound financial performance provides us with the opportunity to proactively manage our capital structure,” said Walter F. Ulloa, Chairman and Chief Executive Officer of Entravision. “We are well positioned to execute on our strategic plan and continue to invest in our growth opportunities.”

About Entravision Communications Corporation

Entravision Communications Corporation is a diversified media company serving Latino audiences and communities with an integrated platform of solutions and services that includes television, radio, digital media and data analytics to reach Latino audiences across the United States and Latin America. Entravision has 58 primary television stations, including in 20 of the nation’s top 50 Latino markets, and is the largest affiliate group of both the top-ranked Univision television network and Univision’s UniMás network. Entravision also operates one of the nation’s largest groups of primarily Spanish-language radio stations, consisting of 49 owned and operated radio stations, and Entravision Solutions, a national sales representation and marketing organization specializing in Spanish-language media platforms and radio networks. Entravision also offers a variety of digital media platforms and services, including digital content, digital advertising platforms, including the #1-ranked online advertising platform in Hispanic reach according to comScore Media Metrix®, and data analytics solutions designed to maximize the opportunity for advertisers and marketers to connect with the growing Latino consumer market. Entravision shares of Class A Common Stock are traded on The New York Stock Exchange under the symbol: EVC.

# # #

Contact:

Brad Edwards

Brainerd Communicators, Inc.

edwards@braincomm.com

212-986-6667

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