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Mediapro signs EUR 306 mln syndicated loan agreement

Wednesday 4 May 2016 | 10:47 CET | News
Spanish broadcaster Mediapro has announced a five-year EUR 306 million syndicated loan agreement with eight banks. The company said the new agreement would allow it to restructure its funding and allow it to cancel a EUR 155 million syndicated loan signed a year ago as well as a EUR 98 million derivative-based funding instrument. "The new financing arrangement, with more favourable conditions for the Group, comes in response to the Group's improved risk situation upon the resolution of specific conflicts which were a cause of some uncertainty," said Mediapro in a statement. 

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Categories: Broadcast & Satellite
Companies: Mediapro / Telefonica
Countries: Spain
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