19 February 2018

Gernandt & Danielsson advises in Catena Media’s issue of new corporate bonds and early voluntary redemption of its outstanding bond loan

Gernandt & Danielsson advises in Catena Media plc’s issue of new corporate bonds at an initial total amount of EUR 150 million, within a framework amount of EUR 250 million. In connection with the bond issue, Catena Media will make an early redemption of its existing bond loan due in 2019. The proceeds from the bond issue will be used towards, inter alia, repayment of the outstanding bond loan and towards general corporate purposes, including acquisitions. The company has undertaken to list the bonds on the corporate bond list of Nasdaq Stockholm.

Gernandt & Danielsson has advised the company and its financial advisors Carnegie and Danske Bank with a team consisting of partner Mikael Borg, Senior Associate Adrian Della Morte Pålstam and Associates Katarina Odelberg and Camilla Hedner.