Catena Media explores possibility to make a tap issue of EUR 50 million to secure near term acquisitions
Catena Media p.l.c (”Catena Media” or ”the Group”) explores the possibility to make a tap issue in an amount of EUR 50,000,000 under Catena Media’s outstanding maximum EUR 100,000,000 senior secured callable floating rate bonds due 2019 with ISIN SE0008964720. The proceeds from a potential tap issue are intended to be used for acquisitions in the near future.”The consolidation in the affiliate market is increasing and Catena Media wants to take a leading role in that development. We are currently looking into a number of possible acquisitions that would complement and strengthen our