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MTG, NENT renew SEK 4 bln credit facility

Wednesday 15 August 2018 | 11:58 CET | News
Modern Times Group (MTG) said that it and its subsidiary Nordic Entertainment Group (NENT) have jointly agreed a five-year, SEK 4 billion revolving credit facility with a group of six Nordic banks. It replaces MTG's existing SEK 4 billion facility, which matures in December 2018, and will provide back-up funding for MTG's SEK 3 billion commercial paper programme and other short-term financing.

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Categories: Broadcast & Satellite / Internet
Companies: Modern Times Group / Nordic Entertainment
Countries: Sweden
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