Streaming provider Viaplay to raise equity, restructure debt

Viaplay AB (publ)

01/12/2023 05:41

OSLO, Dec 1 (Reuters) - Struggling Swedish streaming
company Viaplay  VPLAYb.ST  on Friday said it planned to raise 4
billion Swedish crowns ($380 million) in new equity, write down
2 billion crowns in debt and renegotiate the terms of debt
totalling 14.6 billion crowns.

 (Reporting by Marta Frąckowiak and Terje Solsvik; Editing by
Tom Hogue)
 ((marta.frackowiak@thomsonreuters.com))