Alma Media to strengthen its financial position

Alma Media Corporation Stock Exchange Release October 16, 2012 at 13.00 (EEST)

ALMA MEDIA TO STRENGTHEN ITS FINANCIAL POSITION

Alma Media Corporation has signed two new credit facilities, both valued at MEUR 25, with Nordea Pankki Suomi Oyj and Skandinaviska Enskilda Banken Ab. At the same time, Alma Media has terminated its valid credit facility of MEUR 35, agreed previously with Skandinaviska Enskilda Banken Ab.

Through these new credit facilities, Alma Media aims to strengthen the financing structure and liquidity of Alma Media Group.

In the end of June 2012, Alma Media's interest-bearing net debt amounted to MEUR 42.9 and gearing ratio was 58.4%.

ALMA MEDIA CORPORATION
Rauno Heinonen
Vice President, Corporate Communications and IR

For further information, please contact: Alma Media Corporation, CFO Tuomas Itkonen, tel. +358 50 381 0875

Alma Media in brief

Alma Media is a dynamic media company whose best-known products are Aamulehti, Iltalehti, Kauppalehti and Etuovi.com. Alma Media employs approximately 3,000 professionals. The company's revenue in 2011 totalled MEUR 316.2 with an operating margin of 13.3 per cent. Alma Media's share (ALN1V) is listed in the NASDAQ OMX Helsinki Exchange. Read more at www.almamedia.com.

  • Date: 16.10.2012, 15:00
  • News type: Stock exchange release

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