-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IddK01KY6sx80lhsbQH2NfpNCW/hrJywZCjOzPrzokZZvVEP3CF8gN0SMP2Cm8QJ rsYy2hvmP800jjluxguTQw== 0000902561-03-000609.txt : 20031222 0000902561-03-000609.hdr.sgml : 20031222 20031222125648 ACCESSION NUMBER: 0000902561-03-000609 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20031218 FILED AS OF DATE: 20031222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TV AZTECA SA DE CV CENTRAL INDEX KEY: 0001023025 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14464 FILM NUMBER: 031067081 BUSINESS ADDRESS: STREET 1: PERIFERICO SUR NO 4121 STREET 2: COL FUENTES DEL PEDREGAL CITY: 14141 MEXICO DF STATE: O5 BUSINESS PHONE: 5254201313 MAIL ADDRESS: STREET 1: PERIFERICO SUR STREET 2: 4121 COLONIA FUENTES DEL PEDREGAL CITY: MEXICO CITY STATE: NM ZIP: 14141 FORMER COMPANY: FORMER CONFORMED NAME: COMMERCIAL MEXICAN HOLDING DATE OF NAME CHANGE: 19960917 6-K 1 form6-k_2emd122203.txt FOMR 6-K FORM 6-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2003 Commission File Number 1-14464 TV Azteca, S.A. de C.V. (Translation of registrant's name into English) Periferico Sur, No. 4121, Col. Fuentes del Pedregal, 14141 Mexico D.F., Mexico (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F [X] Form 40-F [ ] Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____ NOTE: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders. Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____ NOTE: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes [ ] No [X] If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________ 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, thereunto duly authorized. TVA Azteca, S.A. de C.V. --------------------------- (Registrant) Date: December 18, 2003 By: /s/ Othon Frias Calderon -------------------------- Name: Othon Frias Calderon Title: Attorney-in-fact EX-99 3 form6-k_2ex99emd122203.txt PRESS RELEASE - ENGLISH TV AZTECA FULLY FUNDED TO AMORTIZE ITS US$125 MILLION 101/8% NOTE DUE FEBRUARY 2004 FOR IMMEDIATE RELEASE MEXICO CITY, DECEMBER 18, 2003--TV Azteca, S.A. de C.V. (NYSE: TZA; BMV: TVAZTCA), one of the two largest producers of Spanish language television programming in the world, announced today it is fully funded to amortize its US$125 million 101/8% note due February 15, 2004. The funding entails US$60 million from TV Azteca's cash position and US$65 million of unsecured financing obtained from private institutions. "Our focus on building the necessary cash within an ample timeframe is oriented to avoid any possible contingency in meeting our financial obligations," commented Pedro Padilla, Chief Executive Officer of TV Azteca. "Our ultimate goal is to increase free cash generation by gradually reducing our debt and interest expense." "We will save close to US$13 million annually from amortizing the note, whereas the new credit, smaller in size and with substantially lower interest, entails reduced financial outlays," added Mr. Padilla. "This transaction, together with solid operating perspectives at TV Azteca for the coming year, will translate into strong expected cash creation for 2004, and reduced overall risk perception." The company noted the debt amortization is part of its plan to allocate a substantial portion of TV Azteca's expected cash generation within a six year term to gradually reduce the company's outstanding debt by an amount of approximately US$250 million, as well as to make distributions to shareholders above US$500 million within the six-year period. Completion of the plan implies reduction of the company's yearly interest payments by approximately US$25 million and a substantial improvement of its overall capital structure. COMPANY PROFILE TV Azteca is one of the two largest producers of Spanish language television programming in the world, operating two national television networks in Mexico, Azteca 13 and Azteca 7, through more than 300 owned and operated stations across the country. TV Azteca affiliates include Azteca America Network, a new broadcast television network focused on the rapidly growing US Hispanic market; Unefon, a Mexican mobile telephony operator focused on the mass market; and Todito.com, an Internet portal for North American Spanish speakers. Except for historical information, the matters discussed in this press release are forward-looking statements and are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Risks that may affect TV Azteca are identified in its Form 20-F and other filings with the US Securities and Exchange Commission. INVESTOR RELATIONS: Bruno Rangel Omar Avila 5255 3099 9167 5255 3099 0041 jrangelk@tvazteca.com.mx oavila@tvazteca.com.mx MEDIA RELATIONS: Tristan Canales Daniel McCosh 5255 3099 5786 5255 3099 0059 tcanales@tvazteca.com.mx dmccosh@tvazteca.com.mx EX-99 4 form6k_2ex99sp-emd122203.txt PRESS RELEASE - SPANISH TV AZTECA COMPLETAMENTE FONDEADO PARA AMORTIZAR SUS BONOS DE 10 1/8% POR US$125 MILLONES CON VENCIMIENTO EN FEBRERO 2004 PARA SU DISTRIBUCION INMEDIATA CIUDAD DE MEXICO, 18 DE DICIEMBRE DE 2003--TV Azteca, S.A. de C.V. (BMV:TV AZTCA; NYSE:TZA), uno de los dos mayores productores de contenido para television en espanol en el mundo, anuncio hoy que se encuentra completamente fondeado para amortizar sus bonos de 10?% por US$125 millones con vencimiento el 15 de febrero de 2004. El fondeo comprende US$60 millones de la posicion de efectivo de TV Azteca y US$65 millones de financiamiento obtenido a traves de instituciones privadas. "Nuestro enfasis en contar con el efectivo necesario dentro de un espacio suficiente de tiempo esta orientado a evitar cualquier posible contingencia en el cumplimiento de nuestras obligaciones financieras," comento Pedro Padilla, Director General de TV Azteca. "Nuestro objetivo ultimo es incrementar la generacion de efectivo a traves de la reduccion de nuestra deuda y de los gastos por intereses." "Lograremos ahorros anuales cercanos a los US$13 millones por la amortizacion del bono, mientras que el credito nuevo, menor en tamano y con tasas de interes comparativamente bajas, implica reducciones en los intereses pagados," anadio el Sr. Padilla. "Esta transaccion, junto con perspectivas operativas solidas de TV Azteca para el ano entrante, se traduciran en expectativas de una robusta creacion de efectivo para 2004, y una menor percepcion de riesgo" concluyo el Sr. Padilla. La compania indico que la amortizacion de estos bonos es parte de su plan de asignar una porcion substancial de su generacion de efectivo, dentro de los siguientes seis anos, a la reduccion gradual de la deuda de la compania en aproximadamente US$250 millones, asi como realizar distribuciones a los accionistas superiores a los US$500 millones dentro del periodo de seis anos. El logro del plan implica la reduccion anual de pago de intereses de la compania en aproximadamente US$25 millones, y un mejoramiento sustancial en su estructura de capital. PERFIL DE LA COMPANIA TV Azteca es uno de los dos mayores productores de contenido en espanol para television en el mundo, y una de dos companias de television abierta en Mexico, operando dos canales nacionales de television, Azteca 13 y Azteca 7, a traves de mas de 300 estaciones locales propias y operadas en Mexico. La compania tambien opera un canal nacional de television en El Salvador. Las afiliadas incluyen a Azteca America Network, la cadena de television enfocada al mercado hispano de los EUA, Unefon, la compania de telefonia celular enfocada al mercado masivo en Mexico, y Todito.com, portal de Internet para hispanohablantes en Norteamerica. Con excepcion de la informacion historica, los asuntos discutidos en este comunicado son conceptos sobre el futuro que involucran riesgos e incertidumbre que pueden ocasionar que los resultados actuales difieran sustancialmente de los proyectados. Otros riesgos que pueden afectar a TV Azteca y a Azteca America Network se identifican en la forma 20-F de TV Azteca y otros documentos relacionados con la Securities and Exchange Commission de los Estados Unidos. RELACION CON INVERSIONISTAS: Bruno Rangel Omar Avila 5255 3099 9167 5255 3099 0041 jrangelk@tvazteca.com.mx oavila@tvazteca.com.mx RELACIONES CON PRENSA: Tristan Canales Daniel McCosh 5255 3099 5786 5255 3099 0059 tcanales@tvazteca.com.mx dmccosh@tvazteca.com.mx -----END PRIVACY-ENHANCED MESSAGE-----