6-K 1 form6k.htm PROMOTORA DE INFORMACIONES, S.A 6-K 10-24-2011 (PRISA) form6k.htm


FORM 6-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

For the month of October, 2011

Commission File Number: 001-34983

PROMOTORA DE INFORMACIONES, S.A.
(Exact name of registrant as specified in its charter)

PROMOTER OF INFORMATION, S.A.
(Translation of registrant’s name into English)

Gran Vía, 32
28013 Madrid, Spain
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F R      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):

Yes ¨      No R

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):

Yes ¨      No R

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 R

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):  N/A
 


 
 

 
 
FREE TRANSLATION FROM THE ORIGINAL IN SPANISH LANGUAGE
 
COMMUNICATION OF RELEVANT INFORMATION


According to the quarterly financial information issued today by Promotora de Informaciones, S.A. (PRISA), the Company confirms that, in the framework of the refinancing of PRISA, and as a result of the agreement between Timon, PRISA referral partner and MR. Martin Franklin and Mr. Nicolas Berggruen to convert 75,000,000 warrants, amounting to Euro 150,000,000, in Class A Shares, PRISA presented today to its banks creditors a proposal to restructure its debt.

The purpose of said proposal is to extend the maturity of the Syndicated and the Bridge loans signed by PRISA with its financial institutions, depending on the achievement of certain milestones, and the deleverage of the Company.

Madrid, October 24th, 2011
 
 
 

 
 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 
 

 
 

 
 
 

 
 
 
 

 
 
SIGNATURE

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.

   
PROMOTORA DE INFORMACIONES, S.A.
   
(Registrant)
     
October 24, 2011
By:
/s/ Iñigo Dago Elorza
  Name:
Iñigo Dago Elorza
  Title:
Chief Legal Officer and Secretary of the Board of Directors