Business Briefs: Univision, International Lease Finance, J2 Global Communications, VCA Antech

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– Univision Communications Inc.

has formed a new division called Univision Home Entertainment and launched its DVD label Unicine. The L.A.-based Spanish-language broadcasting giant said Univision Home Entertainment will release content from the Univision Television Networks’ Spanish-language movie library. Ventura Entertainment’s Studio Latino will distribute and market the DVDs under the Unicine label. All Unicine titles will be first-time DVD releases for U.S. audiences and will be available at Wal-Mart, Best Buy, Tower Records and Circuit City, among other locations. The first ten Unicine titles will be available beginning May 24.



– International Lease Finance Corp.

plans to sell $300 million of three-year notes today. The notes will be priced at 95 basis point to 97 basis points more than comparable Treasuries and are rated A1 by Moody’s Investors Service and AA- by Standard & Poor’s and Fitch Ratings. Bank of America Corp., UBS AG and JPMorgan Chase & Co. are managing the debt sale for the L.A.-based aircraft leasing unit of American International Group Inc.





Venali, a Miami-based provider of Internet fax services, filed a second request with the U.S. Patent and Trademark Office to have it reconsider the validity of a patent owned by

J2 Global Communications, Inc.

. L.A.-based J2 Global previously had acquired the patent for storing, delivering, and managing messages from Net Office Solutions in June of 2004. Venali, which said the patent is “clearly invalid in light of evidence not previously available to the patent office,” said it is confident the patent office will grant its request.



– VCA Antech, Inc.

, an L.A.-based animal healthcare company, announced today that it refinanced its senior credit facility. The new senior credit facility provides for $475 million in senior term notes and a $75 million revolving facility. With the proceeds of the new facility, VCA Antech will retire the outstanding debt under its existing facility and make a tender offer for $170 million in senior subordinated notes.

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