Picture of Squirrel Media SA logo

SQRL Squirrel Media SA News Story

0.000.00%
es flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeSmall CapNeutral

Brief: Squirrel Media Signs 22.5 Mln Euro Syndicated Loan To Invest In Content For European Markets

April 7 (Reuters) - Squirrel Media SA SQRL.MC:

SIGNS A 22.5 MILLION EUROS SYNDICATED LOAN WITH GROUP OF SPANISH FINANCIAL INSTITUTIONS

FINANCING WITH SIX-YEAR AMORTIZATION PROFILE

20.0 MILLION EUROS OF FINANCING TO BE INVESTED IN NEW HIGH-QUALITY AUDIOVISUAL CONTENT WITH STRONG COMMERCIAL APPEAL ACROSS SPANISH-, PORTUGUESE- AND ITALIAN-SPEAKING MARKETS

2.5 MILLION EUROS WILL BE USED FOR REPURCHASE AND EARLY REDEMPTION OF 20.0 MILLION EUROS MARF BOND ISSUED IN NOVEMBER 2023

Source text

Further company coverage: SQRL.MC

(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 567 69 66 00;))

Recent news on Squirrel Media SA

See all news