Toyota Racing Premieres ‘The Dream’

February 16, 2021

Toyota Racing unveils a short film entitled, ‘The Dream.’

DAYTONA BEACH, Florida, Feb. 15, 2021 /PRNewswire-HISPANIC PR WIRE/ — As NASCAR kicked off one of the biggest days of the season with the running of the 63rd Daytona 500, Toyota took a moment to encourage the youth of America to find their dream and pursue it.

Yesterday, Toyota Racing unveiled a short film entitled, ‘The Dream.’ It tells a story of a young, African-American girl looking to achieve her dream of becoming a race car driver. She battles back from adversity and overcomes challenges along the way. With inspiration from the historic victory by 19-year old Gracie Trotter, who became the first female driver to win an ARCA-sanctioned race in September, and the return of Bubba Wallace to the Toyota family, our star realizes that her dream is within reach.

“To be back with Toyota this season and be a part of the Toyota Racing family means a lot to me,” said Bubba Wallace, driver of the No. 23 DoorDash Toyota Camry for 23XI Racing. “What they do on the track is top notch, but it goes beyond the track too. It’s really cool to be a part of things like ‘The Dream’ and their initiatives off the track that align with my own beliefs and how I want to influence the next generation. ‘The Dream’ show others, no matter the circumstances or who you are, to keep fighting and follow your dreams. It may not always be easy, but it will be worth it. It’s a pretty special piece. It’s inspiring, emotional and something that I’m proud to be a part of.”

Toyota has a long history of diversity in motorsports and continues to support several drivers of various ethnicities across all of our motorsports platforms. J.R. Todd, Antron Brown and Alexis DeJoria have established many firsts in motorsports as they all compete for Toyota in the NHRA Drag Racing Series. Jhonnattan Castro and Ken Gushi compete in Formula DRIFT while Trotter and Kaylee Bryson are working their way through the TRD (Toyota Racing Development) driver development ranks in ARCA, late models and USAC racing events.

“Toyota’s commitment to diversity in motorsports aligns with our overall corporate commitment of respect for people,” said Paul Doleshal, group manager of motorsports and assets for Toyota Motor North America. “This film is something we’re all extremely proud of and is a small reminder for everyone to find their dream and pursue it regardless of the challenges that might be in their path. We will continue to look for ways to bring this film to life and help to encourage young people to pursue their passions, especially if that leads them to this great world of motorsports.”

The complete short film was produced in collaboration with whatnot Films out of Charlotte, N.C. and will reside on the Toyota Racing social channels of Twitter and Facebook along with YouTube. A special 60-second condensed version was featured on Fox during the Daytona 500 broadcast.

A link to the full film can be found here: https://youtu.be/wI_QIPRkBBs

About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.

Toyota has created a tremendous value chain and directly employs more than 36,000 in the U.S. The company has contributed world-class design, engineering, and assembly of more than 30 million cars and trucks at our 9 manufacturing plants, 10 including our joint venture in Alabama that begins production in 2021.

To help inspire the next generation for a career in STEM-based fields, including mobility, Toyota launched its virtual education hub at www.TourToyota.com with an immersive experience and chance to visit many of our U.S. manufacturing facilities. The hub also includes a series of free STEM-based lessons and curriculum through Toyota USA Foundation partners, virtual field trips and more. For more information about Toyota, visit www.toyotanewsroom.com.

Media Contacts:
Sam Mahoney
980-900-8573
[email protected]

Lisa Hughes Kennedy, Golin for Toyota Racing
704-902-6476
[email protected]

Cody Poor, Golin for Toyota Racing
323-578-7159
[email protected]

Photo – https://mma.prnewswire.com/media/1438484/Toyota_Racing_The_Dream.jpg

SOURCE Toyota Racing

Hispanic Unity Of Florida Continues Its 19-Year Commitment To The Community With Free/No-Cost Tax Preparation Services

February 16, 2021

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HOLLYWOOD, Fla., Feb. 16, 2021 /PRNewswire-HISPANIC PR WIRE/ — Hispanic Unity of Florida (HUF), a Hollywood-based 39-year-old nonprofit organization serving diverse and multi-cultural working families from the United States and more than 30 other countries, announced that they will continue to provide Free/No-Cost Tax preparation services through virtual/online version of its highly successful Broward Tax Pro/VITA (Volunteers in Tax Assistance) program. The tax preparation assistance program is available in English, Spanish and Haitian-Creole.

HUF continues to partner with Code for America, the national nonprofit that that created the digital platform, Get Your Refund.

For more than 19 years, HUF has partnered with more than three dozen community partners to provide no-cost tax preparation services to thousands of qualified Broward County residents through its volunteer- and partner-driven Broward Tax Pro/(VITA) program. To qualify for the zero-cost program, Broward County families, or individuals, must make less than $66,000 per year. Clients who meet the requirement will have the expertise of a skilled, IRS-certified tax professional to prepare his/her tax return. Additionally, callers will be supported step-by-step through the online process, and assisted with any current, general tax questions in English, Spanish and Haitian-Creole.

With the virtual/online program, qualified taxpayers can upload their documents via a secure website by visiting www.VITAtaxesfree.org. After uploading the necessary information, visitors to the site will be contacted within 72 hours by a Broward Tax Pro staff member to complete the tax return and submit it to the IRS for processing. For easier access, the above link is available on two HUF websites: www.Vitataxesfree.org and www.hispanicunity.org

The Tax Hotline (954-678-6882) also will continue to serve as an informational and referral hub to provide support for the virtual/online tax preparation service. Trained and certified tax professionals are available to answer questions regarding stimulus checks and other frequently asked, general tax questions. The Tax Hotline will be open from Monday through Thursday, 10:00am to 1:00pm and 5pm to 8pm, Friday and Saturday, from 10am to 1pm.

“The virtual version of the Broward Tax Pro/VITA program is the same great quality as the previous, in-person program in a virtual format,” said Felipe Pinzon, HUF’s Executive Director. “Clients should feel confident about submitting their tax information through our safe, secure and encrypted website provided in partnership with Code for America.”

About Hispanic Unity of Florida, Inc. (HUF)
Hispanic Unity of Florida (HUF) was founded in 1982 by community leaders to guide newcomers to the U.S. on their journey to their American dream and to ease the acculturation process. Today, HUF is Broward County’s largest 501(c) (3) dedicated to the immigrant population. With 12 programs and more than 30 services offered in three languages, this agency serves South Florida’s diverse community. Since its inception, HUF has helped 445,000 individuals.

Contact: Katherin Gallego
954-329-5262 (mobile)
[email protected]

SOURCE Hispanic Unity of Florida (HUF)

Bekha Bon.’s new book Juventud Incauta, a poignant recounting of a woman thrust into a life of crime and incarceration at a very young age

February 16, 2021

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NEW YORK, Feb. 16, 2021 /PRNewswire-HISPANIC PR WIRE/ — The book Juventud Incauta was created by Bekha Bon. Bekha is an author who was born in Havana, Cuba. After having lived both positive and negative experiences, she decided to put them at the service of humanity, hoping that her trajectory could serve others.

Bekha Bon. said this about his book: “These pages bring together the heartbreaking story of a young Spanish woman named Rosario who, at only nineteen years old, was dragged by organized crime in Bolivia into an abyss of hardship within the different prisons in which she served her sentence on North American soil. This fact placed Bekha Bon in the citizen’s commitment to narrate a chronicle that speaks of the imminent danger faced by many of the young people—those who, attracted by the adventure they imagine they will find and the prosperity they dream of, end up entangled in twisted networks that crime professionals constantly weave; those who daily reinvent new ways and means with the sole purpose of transporting their cargo to US soil. Unconscionable efforts, which end up turning our boys into ‘blind pack mules,’ usually end up paying for a crime they did not actually commit.

The story is not a simple story; it is the only way that she found to reach people—a truth that many do not want to talk about. Using this event as a vehicle, she exposes the harsh reality of those who, when caught, end up being victims of this growing scourge.

The book is aimed at young people eager for adventure—those who fear nothing—to whom their unconsciousness and folly can become their worst enemies. However, the plot presented in this story will arouse the interest of any reader regardless of age, gender, or literary preferences.”

Published by Page Publishing, Bekha Bon.’s new book Juventud Incauta follows the harrowing life of a young woman who only knew the toils of crime and bondage—a riveting depiction of real-life circumstances of people stained by corruption.

Consumers who wish to view a person’s journey from grace to downfall that greatly affected her life can purchase Juventud Incauta online at Apple iTunes, Amazon.com, Google Play, or Barnes and Noble.

For additional information or inquiries, you can contact Page Publishing, through the following number: 866-315-2708.

About Page Publishing:

Page Publishing is a traditional full-service publishing house that handles all of the intricacies involved in publishing its authors’ books, including distribution in the world’s largest retail outlets and royalty generation. Page Publishing knows that authors need to be free to create, not bogged down with complicated business issues like eBook conversion, establishing wholesale accounts, insurance, shipping, taxes, and the like. Its roster of authors can leave behind these tedious, complex, and time-consuming issues and focus on their passion: writing and creating. Learn more at www.pagepublishing.com.

Photo – https://mma.prnewswire.com/media/1438436/Bekha_Bon.jpg

SOURCE Page Publishing

Teresa Peréz De Cortéz’s New Book Los Sufrimientos De Una Niña, A Gripping True Story About A Girl Who Hides A Secret From Her Family

February 16, 2021

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BALDWIN PARK, Calif., Feb. 16, 2021 /PRNewswire-HISPANIC PR WIRE/ — The book Los Sufrimientos de una Niña was created by Teresa Peréz de Cortéz. Teresa is an author who was born in 1943 in the city of Guadalajara, Jalisco, Mexico. As a child, from the age of eight, she took care of her mother who suffered from heart disease.

Teresa Peréz de Cortéz said this about his book: “This book contains the true story of a girl who has a secret, who lived with her family.”

Published by Page Publishing, Teresa Peréz de Cortéz’s new book Los Sufrimientos de una Niña follows the poignant life of a girl as she deals with her secret from the knowledge of her family.

Consumers who wish to partake in the toils and joys of a girl with a secret to keep can purchase Los Sufrimientos de una Niña online at Apple iTunes, Amazon.com, Google Play, or Barnes and Noble.

For additional information or inquiries, you can contact Page Publishing, through the following number: 866-315-2708.

About Page Publishing:

Page Publishing is a traditional full-service publishing house that handles all of the intricacies involved in publishing its authors’ books, including distribution in the world’s largest retail outlets and royalty generation. Page Publishing knows that authors need to be free to create, not bogged down with complicated business issues like eBook conversion, establishing wholesale accounts, insurance, shipping, taxes, and the like. Its roster of authors can leave behind these tedious, complex, and time-consuming issues and focus on their passion: writing and creating. Learn more at www.pagepublishing.com.

Photo – https://mma.prnewswire.com/media/1438454/Teresa_Perez_de_Cortez.jpg

SOURCE Page Publishing

Rubert Jose Figueredo Michelangelli’s new book “Volver a empezar” shares a migrant’s challenging years of pursuing success

February 15, 2021

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BROOKLYN, N.Y., Feb. 15, 2021 /PRNewswire-HISPANIC PR WIRE/ — How many times have we had to start the journey towards obtaining a goal again because things did not go as planned?

Our life is full of plans, but we must always keep in mind that the route is very changeable, and that unexpected reversal of the rudder in the trajectory, reengineering of personal projects and in general, trying to get up before a fall, on many occasions can wear us out and weaken us as a person, because it involves facing resistance to the unknown, letting go of attachments and even winning the battle against stress or depression.

This work is the experience of a Venezuelan migrant who has to leave his loved ones, goods, and temporarily withdraw from the exercise of his profession as an engineer-businessman, to dedicate himself to various trades such as cleaner, kitchen assistant, food delivery person and sports coach in a first world country like the USA.

The idea is not to try to describe a manual on how to carry out a successful migration, but rather to show through stories the strategies that the author used to face the obstacles that were presented to him on a playing field with different rules. So, if you suffered the breakdown of a love relationship, this book is for you! If you are grieving for having lost your job, this book is for you! If sadness invades your soul for having failed a subject in your university, this book is for you! Any situation that distresses you for not having obtained the expected results preserves the essence of what is exposed here. We are in this together and surrendering is not an option, take these anecdotes as examples that even when they called us the third strike we will always have a next at-bat, if they gave us a knock out, life will give us revenge, in short, there will always be the opportunity to optimistically write the beginning of a new chapter that will be titled: Start Over.

Published by Page Publishing, Rubert Jose Figueredo Michelangelli’s compelling tale is shared to inspire many people who find themselves in similar situations. Being a migrant is not easy and in this manuscript, readers will witness how one was able to overcome the challenges and the several low moments in life.

Readers who wish to experience this profound work can purchase “Volver a empezar” online at the Apple iTunes Store, Amazon, Google Play, or Barnes and Noble.

For additional information or media inquiries, contact Page Publishing at 866-315-2708.

About Page Publishing:

Page Publishing is a traditional, full-service publishing house that handles all the intricacies involved in publishing its authors’ books, including distribution in the world’s largest retail outlets and royalty generation. Page Publishing knows that authors need to be free to create, not mired in logistics like eBook conversion, establishing wholesale accounts, insurance, shipping, taxes, and so on. Page’s accomplished writers and publishing professionals allow authors to leave behind these complex and time-consuming issues and focus on their passion: writing and creating. Learn more at www.pagepublishing.com.

Photo – https://mma.prnewswire.com/media/1435001/Rubert_Jose_Figueredo_Michelangelli.jpg

SOURCE Page Publishing

Lilliana Sanchez’s new book My First Aid Devices: Mis Primeros Dispositivos de Ayuda, an educative tome that helps parents and educators in teaching their children effectively

February 15, 2021

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JOLIET, Ill., Feb. 15, 2021 /PRNewswire-HISPANIC PR WIRE/ — The book My First Aid Devices: Mis Primeros Dispositivos de Ayuda was created by Lilliana Sanchez. Lilliana is an author who was born in Colombia. She came to the United States in 1997. Since 2018 she collaborates with Grundy County Health Department, Illinois as a bilingual instructor for Youth Mental Health First Aid in the USA.

Sanchez said this about her book: “This book is dedicated to all parents who find themselves in need of acquiring aid devices for the development of their children. As a home visitor/parent educator, it has been part of my life to refer, support, and assist my families when their children, due to adverse circumstances, are born with special abilities and do not know how to deal with this subject. In a didactic way, this book benefits the whole family to learn and play together.”

Published by Page Publishing, Lilliana Sanchez’s new book My First Aid Devices: Mis Primeros Dispositivos de Ayuda aids adults in engaging their children through vivid teaching visuals for reinforced efficacious learning.

Consumers who wish to learn how to use aid devices to teach children during their formative years can purchase My First Aid Devices: Mis Primeros Dispositivos de Ayuda in any bookstore or online at Apple iTunes, Amazon.com, Google Play, or Barnes and Noble.

For additional information or inquiries, you can contact Page Publishing, through the following number: 866-315-2708.

About Page Publishing:

Page Publishing is a traditional full-service publishing house that handles all of the intricacies involved in publishing its authors’ books, including distribution in the world’s largest retail outlets and royalty generation. Page Publishing knows that authors need to be free to create, not bogged down with complicated business issues like eBook conversion, establishing wholesale accounts, insurance, shipping, taxes, and the like. Its roster of authors can leave behind these tedious, complex, and time-consuming issues and focus on their passion: writing and creating. Learn more at www.pagepublishing.com.

Photo – https://mma.prnewswire.com/media/1434988/Lilliana_Sanchez.jpg

SOURCE Page Publishing

All-New Kia K5 Receives 2021 Motorweek Drivers’ Choice Award

February 12, 2021

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All-new Kia K5 receives 2021 MotorWeek Drivers’ Choice Award

IRVINE, Calif., Feb. 11, 2021 /PRNewswire-HISPANIC PR WIRE/ — The Kia K5 has earned a 2021 MotorWeek Drivers’ Choice Award, taking the win in the Best Family Sedan category. MotorWeek, television’s longest running automotive magazine show, annually judges the best new cars and trucks of the year. Editors evaluate vehicles based on a variety of factors, taking into account trends and innovations, value, and reliability, among others.

“We built the all-new 2021 K5 with the goal of it being the best in its class, which is why we introduced it with segment exclusives like the available wet dual-clutch transmission,” said Sean Yoon, president and CEO, Kia Motors America, Kia Motors North America. “It’s incredibly satisfying to know that the respected auto experts at MotorWeek enjoy the K5 – it tells us we’re on the right track and motivates us to continue to exceed expectations.”

All new for the 2021 model year, the K5 is the brand’s most powerful mid-size sedan ever with standard turbocharged engines across the board, available all-wheel drive, and a technology-packed premium interior that’s not far off from what you’d find inside a much higher priced luxury vehicle.

“MotorWeek selected the K5 as our Best Family Sedan for 2021 because Kia took the heritage of their already excellent midsize family sedan, the Optima, which has long been one of our staff favorites for daily driving, and elevated it to a new level of total performance for its class,” said John Davis, MotorWeek creator and host. “To us, the K5 is not just a redesign of a middleweight car, but a rethink of the affordable sedan segment as it now includes a full slate of the latest personal and safety technology, modern powertrains that are both energetic and efficient, as well as an all-wheel drive option, all wrapped in great exterior and interior styling that transcends its price class.”

About Kia Motors America
Headquartered in Irvine, California, Kia Motors America continues to top quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the “Official Automotive Partner” of the NBA and offers a complete range of vehicles sold through a network of more than 750 dealers in the U.S., including cars and SUVs proudly assembled in West Point, Georgia.*

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.

*The Telluride, Sorento and K5 are assembled in the United States from U.S. and globally sourced parts.

Photo – https://mma.prnewswire.com/media/1437220/Kia_K5.jpg
Logo – https://mma.prnewswire.com/media/812837/Kia_Motors_America_Logo.jpg

SOURCE Kia Motors America

Kia K5 Midsize Sedan And Sorento SUV Named Among The “Best New Cars For 2021” By Autotrader

February 12, 2021

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Kia K5 Midsize Sedan and Sorento SUV Named Among the "Best New Cars for 2021" by Autotrader

IRVINE, California, Feb. 12, 2021 /PRNewswire-HISPANIC PR WIRE/ — Two of Kia’s newest and most popular models, the K5 midsize sedan and the Sorento SUV, have been named among the “Best New Cars for 2021” by Autotrader, marking the latest industry awards for Kia’s world-class model lineup.

“Having two all-new models, the K5 midsize sedan and the Sorento SUV, included among Autotrader’s ‘Best New Cars for 2021’ is a testament to Kia’s commitment to design, quality, and the ownership experience,” said Sean Yoon, president, Kia Motors North America & Kia Motors America. “This latest recognition of the Kia brand shows that our dedicated philosophy of building sporty sedans and capable SUVs is resonating with customers and the experts at Autotrader.”

Autotrader praised the K5 for its head-turning exterior and a roomy, high-tech interior. In addition, the K5’s high-end options, sharp handling, and fresh new look are cited as reasons the sporty midsize sedan was so appealing. Autotrader also noted its eye-catching design, especially in GT trim, rivaled that of some German sport sedan makers.

The 2021 Sorento was noted for its ability to transform from budget-friendly SUV to a near-luxury SUV with only a few options and it was praised for its handling characteristics, particularly in the rugged X-Line trim. Comparing the all-new Sorento to the award-winning Telluride, Autotrader noted Kia has captured the spirit of its wildly popular midsize SUV in a smaller and nimbler package.

The Autotrader Best New Cars Award is intended to benefit a broad set of shoppers by highlighting a diverse group of 12 vehicles. Each vehicle on this year’s list was agreed upon unanimously by the entire editorial and data team at Autotrader. To be considered, a vehicle must be of the current or next model-year and available for purchase at the time of the announcement. The editors capped the base price for consideration at $75,000, meaning every contender offers a significant value for the asking price. Not only is value a top priority, but vehicles are also judged on available technology and a rewarding or dynamic driving experience. Each winning vehicle must earn a score of 4.0 or higher on the editors’ 5-point evaluation scorecard to be named a 2021 Autotrader Best New Car.

About Kia Motors America
Headquartered in Irvine, California, Kia Motors America continues to top quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the “Official Automotive Partner” of the NBA and offers a complete range of vehicles sold through a network of more than 750 dealers in the U.S., including cars and SUVs proudly assembled in West Point, Georgia.*

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.

*The Telluride, Sorento and K5 are assembled in the United States from U.S. and globally sourced parts.

Photo – https://mma.prnewswire.com/media/1437649/K5_GT_Line_AWD.jpg
Logo – https://mma.prnewswire.com/media/812837/Kia_Motors_America_Logo.jpg

SOURCE Kia Motors America

Family Files Wrongful Death Suit Against Lancaster Police, City, County In Police Shooting of Ricardo Muñoz

February 12, 2021

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CHICAGO, Feb. 11, 2021 /PRNewswire-HISPANIC PR WIRE/ — Seeking justice for her son and hoping to hold local officials accountable in order to prevent future tragedies, Miguelina Peña filed suit in federal court on Monday, naming the police officer who shot her son, as well as the former police chief, city and county as defendants.

Ms. Peña’s son, Ricardo Muñoz, 27, was fatally shot after his family contacted police for their help during a mental health episode last year. Mr. Muñoz, who had been diagnosed with schizophrenia and bipolar disorder in his early 20s, was well-known to the local police department, whom his family had turned to repeatedly for help in similar situations.

On Sept. 13, Mr. Muñoz’s family had again called the crisis intervention hotline when Ricardo became agitated and was experiencing a psychotic episode. Following instructions from the crisis intervention operator, they then called the local non-emergency police number for assistance as well as 911.

Local police dispatched Officer Karson Arnold to the Muñoz family residence. Within minutes of the Officer Arnold’s arrival, Ricardo Muñoz was dead: shot multiple times by the officer in front of his home as his mother, Ms. Peña, watched in horror.

Attorneys Steven Levin, Daisy Ayllon and Julie Murphy from Levin & Perconti in Chicago are representing the Muñoz family, along with attorneys Michael Perna and Ryan Borchik of Perna & Abracht in Chester County, Pennsylvania.

The suit, which comes in the wake of local officials’ decision not to file charges against Officer Arnold in the matter, notes that the city and county had no proper procedures in place to deal with people in mental health crises and that the officer failed to make any attempt to de-escalate the situation or use less-lethal means to bring Mr. Muñoz to safety.

“Ricardo’s death was, at best, the predictable result of ill-advised and clumsy police work—and heart-breakingly preventable. At worst, it was the direct result of a cynical and callous disregard for the well-being of one of society’s less fortunate sons,” said attorney Michael Perna.

Citing the city’s deficient policies concerning officer supervision and training, attorney Daisy Ayllon added, “Ultimately, Ricardo’s lawsuit is about mental health reform, about police accountability when dealing with mentally-disturbed individuals who have committed no crime, and about the prevention of similar tragedies as a direct result of untrained and heavy-handed police intervention.”

“Sometimes a community must look beyond itself for justice, and that’s what the federal courts are for. We are looking to shine a light upon the system failures in responding to this call for help,” said attorney Julie Murphy.

In December, U.S. Senator Bob Casey (D-PA) introduced two bills calling for reform in how police nationwide respond to people with mental health issues and other disabilities. Casey referenced the Muñoz case, along with two other police shootings of mentally ill men in Pennsylvania, as he announced the legislative initiative. In Philadelphia, days of demonstrations, including some protests that escalated into violence, had followed the October police shooting of Walter Wallace, who, like Muñoz, suffered from mental illness.

“To their astonishing credit, rather than venting anger while in the grip of anguish, Ricardo’s family actively discouraged violence in the immediate aftermath of his killing, which spared the city of Lancaster yet more tragedy,” said attorney Ryan Borchik.

The Muñoz family’s lawsuit seeks damages for Ricardo’s pain and suffering – including the denial of medical attention after he was shot – and his wrongful death as well as the emotional distress inflicted upon his mother as she witnessed his killing and the physical injury she suffered when, following her son’s fatal shooting, she was tackled against a police vehicle.

“Ricardo’s family first looked to a local crisis center for help with his well-documented mental health condition, but instead the police arrived and within a few short minutes had shot and killed their son and brother. Next the family looked to local law enforcement for transparency and accountability, but instead they encountered a most condescending response from the District Attorney and no transparency. Now they look to the federal court for justice,” said Steven Levin.

Levin & Perconti is a nationally renowned law firm concentrating in all types of personal injury, medical malpractice, and wrongful death litigation. The lawyers at Levin & Perconti are committed to protecting and vindicating the rights of people who are injured by the negligence of others. Please contact the firm at (312) 332-2872 or visit www.levinperconti.com for more information.

Contact:
Debra Pickett
Page 2 Communications
[email protected]
773.368.7064

SOURCE Levin & Perconti

Spanish Broadcasting System, Inc. Announces Pricing Of $310 Million Senior Secured Notes

February 12, 2021

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MIAMI, Feb. 12, 2021 /PRNewswire-HISPANIC PR WIRE/ — Spanish Broadcasting System, Inc. (the “Company”, “we”, “us”, or “SBS”) announced today that it has priced an offering of $310 million in aggregate principal amount of its senior secured notes due 2026 (the “Notes”). The Notes will bear interest semi-annually at a rate of 9.75% per annum and were offered at par value.

The Notes will be fully and unconditionally guaranteed on a senior secured basis by certain of the Company’s subsidiaries, and secured, subject to certain exceptions and permitted liens, on a first-priority basis by the Notes collateral. The closing of the offering is anticipated to take place February 17, 2021, subject to the satisfaction of customary closing conditions.

The Company intends to use the net proceeds of this offering along with cash on hand (i) to repay its 12.5% senior secured notes due 2017, (ii) along with certain other consideration, to repurchase and/or redeem all of its outstanding 10 3/4% Series B cumulative exchangeable redeemable preferred stock, $0.01 par value (the “Series B Preferred Stock”) and (iii) to pay related fees and expenses.

The Notes and the related guarantees are being offered in the United States to persons reasonably believed to be “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons outside of the United States in compliance with Regulation S under the Securities Act. The Notes and the related guarantees have not been registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

This press release is for informational purposes only and is neither an offer to sell nor a solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful. This press release does not constitute a redemption notice for the Series B Preferred Stock and is not an offer to purchase or a solicitation of an offer to sell the Series B Preferred Stock.

About Spanish Broadcasting System, Inc.

Spanish Broadcasting System, Inc. (SBS) owns and operates radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, airing the Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Urbano format genres. SBS also operates AIRE Radio Networks, a national radio platform of over 290 affiliated stations reaching 95% of the U.S. Hispanic audience. SBS also owns MegaTV, a network television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico, produces a nationwide roster of live concerts and events, and owns a stable of digital properties, including La Musica, a mobile app providing Latino-focused audio and video streaming content and HitzMaker, a new-talent destination for aspiring artists. For more information, visit us online at www.spanishbroadcasting.com.

Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. In some cases, you can identify forward-looking statements by the words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “objective,” “ongoing,” “plan,” “predict,” “project,” “potential,” “should,” “will,” or “would,” and/or the negative of these terms, or other comparable terminology intended to identify statements about the future. They appear in this press release and include statements regarding our intentions, beliefs or current expectations. These statements, by their nature, involve substantial risks and uncertainties, certain of which are beyond our control, and actual results may differ materially depending on a variety of important factors, including, but not limited to, our substantial indebtedness and high leverage, our highly competitive industry, our ongoing response to the COVID-19 pandemic, our dependency on revenue and operating income from a limited number of markets, unpredictability of sales in the advertising industry, our ability to attract listeners, viewers and advertisers to our broadcast radio and television operations, the popularity and appeal of our content, our ability to maintain and renew distribution agreements, impact from tax reform and any new tax legislation, our ability to respond to rapid changes in technology, content creation, services and standards, our ability to protect our business from cybersecurity risks, performance of key employees, on-air talent and program hosts, reputational damage to our brands and legal or governmental proceedings and regulatory and other legislative compliance, including compliance with the Federal Communications Commission. All forward-looking statements made herein are qualified by these cautionary statements and risk factors and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. We do not have any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances.

Contacts:
Analysts and Investors
José I. Molina
Chief Financial Officer
(305) 441-6901

SOURCE Spanish Broadcasting System, Inc.