| TV Azteca SA | |||
| Ticker: | TVZ | ||
| Exchange: | New York Stock Exchange | MEX | |
| Industry: | Service (SIC Code 4833) | ||
| # of Employees: | 0 | ||
| Type of Shares: | American Depositary Receipts | Filing Date: | 7/21/97 | |
| U.S. Shares: | 28,833,000 | Offer Date: | 8/14/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $17.00 - $19.00 | |
| Primary Shares: | 28,833,000 | Offer Price: | $18.25 | |
| Secondary Shares: | 0 | Gross Spread: | $0.64 | |
| Offering Amount: | $518,994,000 | Selling: | $0.36 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | - |
| Manager | Tier | Phone |
| Bear, Stearns & Co. Inc. | Lead Manager | (212) 272-4850 |
| Allen & Company Incorporated | Co-manager | (212) 339-2220 |
| Merrill Lynch & Co. | Co-manager | (212) 449-4600 |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | |||||
| Revenue: | $231.00 | Assets: | |||
| Net Income: | Curr Assets: | ||||
| EPS: | Liabilities: | ||||
| Prior EPS: | Curr Liabilities: | ||||
| Cash Flow/Oper: | Equity: | ||||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is the second largest television broadcaster in Mexico. Since its privatization in 1993, the company has captured market share from Televisa, through a mix of offering slick newscasts, racy soap operas and U.S. style tabloid shows. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to provide liquidity to certain minority shareholders and to generate funds to be used for general corporate purposes. |