Alma Media to strengthen its financial position

Alma Media Corporation   Stock Exchange Release   October19, 2010 at 16.30 (EEST)


ALMA MEDIA TO STRENGTHEN ITS FINANCIAL POSITION


Alma Media Corporation has signed a two-year credit facility for EUR 30 million with Pohjola Bank. The credit facility, valid until October 10, 2013, further strengthens the financing structure and liquidity of Alma Media Group and diversifies the range of available financial instruments.


In 30 June 2011, Alma Media's interest-bearing net debt amounted to EUR -8.5 million and gearing ratio was -10.6%.

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 2,800 professionals. The company's net sales in 2010 totalled MEUR 311.4 with an operating margin of 13.9 per cent. Alma Media's share (ALN1V) is listed in the NASDAQ OMX Helsinki Exchange. Read more at www.almamedia.fi

  • Date: 19.10.2011, 18:30
  • News type: Stock exchange release

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