Friday (2/4) was the early tender deadline for the latest bond buyback offer from Univision Communications. It appears that investor interest in selling bonds back to the company is fading.
Univision reported that 24.13% of its outstanding 9.75%/10.50% senior notes due 2015 were tendered by the early deadline. Those $68,485,248 face value of notes are eligible for the early tender consideration of $1,053.75 per $1,000 face value, including an early tender payment.
The tender is scheduled to expire on February 18th.