By Jill Goldsmith Univision Communications, the privately held Spanish-language broadcaster that recently changed hands, said it has close to $1.3 billion in available cash, $7.8 billion in debt and posted estimated revenue up 8% last quarter to $612 million.
The Miami-based company said it was unveiling financial metrics and preliminary quarterly results as it considers potential refinancing transactions and market opportunities.
Univision was acquired in late February by two private investment firms, ForgeLight and Searchlight Capital Partners. It’s now being led by Wade Davis, a longtime media executive, former Viacom CFO and ForgeLight founder-CEO, and has tightened its ties to core programming partner and third major shareholder
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