ENTRAVISION COMMUNICATIONS CORPORATION (NYSE:EVC) Files An 8-K Other Events
Item 8.01 Other Events.
On January 3, 2017, Entravision Communications Corporation (the
Company) issued a press release announcing its prepayment, on
December 30, 2016, of $20 million of term loans under the
Companys senior secured term loan credit facility entered into on
May 31, 2013.The Company funded this prepayment by using cash on
hand.Following this prepayment, approximately $293 million
remained outstanding under the Companys 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, 2015. 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 |
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About ENTRAVISION COMMUNICATIONS CORPORATION (NYSE:EVC)
Entravision Communications Corporation is a media company. The Company reaches and engages Hispanics in the United States and certain border markets of Mexico across media channels and advertising platforms. The Company operates through three segments: television broadcasting, radio broadcasting and digital media. Its television broadcasting segment owns and operates Univision-affiliated television stations in approximately 20 markets, including over 20 of the 50 Hispanic markets in the United States. Its radio broadcasting segment owns and operates approximately 50 radio stations (38 FM and 11 AM), most of which are located in the Hispanic markets in the United States. Its digital media segment provides digital advertising solutions that allow advertisers to reach online Hispanic audiences. It operates a technology and data platform that delivers digital advertising in various advertising formats to allow advertisers to reach Hispanic audiences. ENTRAVISION COMMUNICATIONS CORPORATION (NYSE:EVC) Recent Trading Information
ENTRAVISION COMMUNICATIONS CORPORATION (NYSE:EVC) closed its last trading session down -0.17 at 6.80 with 290,368 shares trading hands.
