Alma Media Corporation Stock Exchange Release 18 December 2013 at 9:00 EET
ALMA MEDIA TO STRENGTHEN ITS FINANCIAL POSITION
Alma Media Corporation has signed two new credit facilities, both valued at MEUR 20, with Nordea Bank Finland Plc and Danske Bank Plc. At the same time, Alma Media has terminated its valid credit facility of MEUR 25, agreed previously with Nordea Bank Finland Plc.
In addition, Alma Media has signed two new financing loans, both valued at MEUR 5 million, with Nordea Bank Finland Plc and Danske Bank Plc.
The new credit facilities and financing loans have a three-year maturity. Through the new financing agreements, Alma Media aims to strengthen the financing structure and the liquidity of Alma Media Group.
In the end of September 2013, Alma Media's interest-bearing net debt amounted to MEUR 104.1 and gearing ratio was 111.9%.
ALMA MEDIA CORPORATION
Vice President, Corporate Communications and IR
For more information, please contact:
Juha Nuutinen, CFO, Alma Media Corporation, tel. +358 50 438 0984
Distribution: NASDAQ OMX Helsinki
Alma Media in brief
Alma Media is a media company focusing on digital services and publishing. In addition to news services, the company's products provide useful information related to lifestyle, career and business development. The services of Alma Media have expanded from Finland to the Nordic countries, the Baltics and Central Europe. The company employs approximately 1,900 professionals (excluding distributors), of whom over 20% work outside Finland. Alma Media's revenue in 2012 totalled approximately MEUR 320. Alma Media's share is listed on NASDAQ OMX Helsinki. Read more at www.almamedia.com.