Brief: Schibsted Says Renewed TRS Agreement In Adevinta
02/03/2023 19:51
March 2 (Reuters) - Schibsted ASA SCHA.OL :
* (SCHA/SCHB) - RENEWED TRS AGREEMENT IN ADEVINTA ASA
* EXPIRY DATE OF NEW TRS AGREEMENT IS 7 MARCH 2024
* PRICE IN NEW TRS AGREEMENT IS NOK 80.05 PER SHARE GIVING
SCHIBSTED A POSITIVE CASH EFFECT OF APPROX. NOK 103 MILLION
* SCHIBSTED EXTENDED DURATION OF ITS TOTAL RETURN SWAP
AGREEMENT
WITH DANSKE BANK A/S
* SCHIBSTED'S FINANCIAL EXPOSURE REMAINS UNCHANGED WITH NEW
TRS
AGREEMENT
Source text for Eikon: ID:nObi838gYa
Further company coverage: SCHA.OL
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