Alma Media signed a new Term Loan financing arrangement of EUR 160 million. In practice, it will replace the financing agreement that was drawn up in 2021. The new financing arrangement has a 36-month maturity including 12 or 24-month extension options.

In addition, the financing package includes a EUR 30 million revolving credit facility (RCF), which will be used for the group's general financing needs. The duration of the revolving credit facility is the same as that of the Term Loan facility. At the time of publishing this press release, the credit limit is completely undrawn.

The Term Loan facility and the RCF limit financing agreement were extended with a syndicate consisting of three commercial banks (OP Corporate Bank, Danske Bank and Nordea Bank). OP Corporate Bank acts as the coordinator of the financing arrangement. The loan to be refinanced is a traditional loan linked with sustainability criteria including metrics related to the company's environmental emissions and responsible data usage, contextualized through a sustainability reference framework.