Stock Exchange Release 06/07/2012 8:30
Sanoma Corporation has signed a EUR 600 million syndicated
revolving credit facility with a group of nine relationship
banks. The facility has a maturity of five years. The
margin depends on the leverage of the borrower, the initial
margin being 1.5% over Euribor.
The new facility is replacing the existing EUR 802 million
syndicated revolving credit facility.
"We have been able to successfully syndicate and sign
this important new loan facility with a more concentrated
core bank group. This new facility together with the
successful inaugural EUR 400 million bond issue earlier
this year secures the base of our funding for the coming
years", says Kim Ignatius, CFO, Sanoma Corporation.
The Mandated Lead Arrangers for the transaction are Danske
Bank, Handelsbanken, ING Bank N.V., Nordea, Pohjola Bank
Plc and SEB. Citi, The Royal Bank of Scotland Plc and
Swedbank AB act as Lead Arrangers of the loan.
Chief Financial Officer
Additional information: Sanoma's Investor Relations,
Martti Yrjö-Koskinen, tel. +358 40 684 4643 or email@example.com
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