Univision is going public and extends the broadcasting agreement with Grupo Televisa to at least 2030

Univision Holdings Inc. (Univision) filed for an initial public offering of Class A common stock in the United States. The company also said it had extended a broadcasting agreement with Grupo Televisa S.A.B. to “at least” 2030. Univision said it intends to list under the symbol “UVN”.Univision has exclusive long-term broadcast and digital rights to most of Televisa’s programing within the United States, including telenovelas, sports, reality series and news.Televisa, among the company’s top investors, will hold about 22% of the voting rights of Univision’s common stock under the new agreement.Univision also counts Madison Dearborn Partners, Providence Equity Partners, Texas Pacific Group, Thomas H. Lee Partners and Saban Capital Group among its investors.Morgan Stanley, Goldman Sachs and Deutsche Bank Securities are among the underwriters to the IPO, Univision said in a filing with the U.S Securities and Exchange Commission on Thursday.