REG - Canal+ S.A - CANAL+ ISSUES SCHULDSCHEIN LOAN

Canal+ SAAnnouncement

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RNS Number : 8881S  Canal+ S.A  29 July 2025

 

CANAL+ SUCCESSFULLY ISSUES €285 MILLION SCHULDSCHEIN LOAN

Issy-les-Moulineaux, 29 July 2025

CANAL+ SA (LSE: CAN, the "Company" or the "Group"), the global media and
entertainment company, announces that it has completed the Group's inaugural
debt facility since listing on the London Stock Exchange in December 2024,
issuing its first Schuldschein loan (a private placement loan issued under
German law) raising over €285 million in financing.

The issuance was highly oversubscribed with an orderbook consisting of
high-quality French and international investors, demonstrating strong interest
and confidence of investors in the financial profile and strategic direction
of CANAL+. Due to the high level of demand, which facilitated pricing at the
tight end of the spread range, the total financing package was increased, from
an initial launch volume of €125 million to a final volume of €285
million. The attractive pricing and scale of the Schuldschein loan will
improve CANAL+'s overall cost of funds.

The Schuldschein loan is comprised of euro-denominated tranches with
maturities of three and five years at fixed and floating rates. Funds raised
from the issuance will be used for general corporate purposes including the
refinancing of existing indebtedness.

BNP Paribas, Commerzbank, Credit Agricole Corporate and Investment Bank and
Société Générale were the arrangers of the Schuldschein issuance.

Amandine Ferré, Chief Financial Officer, commented:

"We were pleased with the high level of demand for our first Schuldschein
loan, the over-subscription illustrates confidence in our strategy and our
robust financial profile. The attractive pricing ensures this issuance will
positively impact our overall cost of funds and sets a positive precedent."

For further enquiries please contact:

 Alima Levy       ir@canal-plus.com

 Andrew Swailes   andrew.swailes@canal-plus.com

 

About CANAL+

Founded as a French subscription-TV channel 40 years ago, CANAL+ is now a
global media and entertainment company. The group has 26.9 million subscribers
worldwide, over 400 million monthly active users on its OTT and video
streaming platforms, and a total of more than 9,000 employees. It generates
revenues in 195 countries and operates directly in 52 countries, with leading
positions in Pay-TV in 20 of them. CANAL+ operates across the entire
audio-visual value chain, including production, broadcast, distribution and
aggregation.

It is home to STUDIOCANAL, a leading film and television studio with worldwide
production and distribution capabilities; Dailymotion, major international
video platform powered by cutting-edge proprietary technology for video
delivery, advertising, and monetization; Thema, a production and distribution
company specialising in creating and distributing diverse content and
channels; and telecommunication services, through GVA in Africa and CANAL+
Telecom in the French overseas jurisdictions and territories. It also operates
the iconic performance venues L'Olympia and Théâtre de l'Œuvre in France
and CanalOlympia in Africa.

CANAL+ has also significant equity stakes across Africa, Europe and Asia,
namely in MultiChoice (the Pay-TV leader in English and Portuguese-speaking
Africa), Viaplay (the Pay-TV leader in Scandinavia) and Viu (a leading OTT
platform in Southern-Asia).

canalplusgroup.com/en (https://www.canalplusgroup.com/en)

 

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