Stofa refinancing - releases about SEK 510m to Ratos
Ratos has decided to refinance the subsidiary Stofa in an amount of DKK 425m(approximately SEK 515m), whereby Ratos will receive a dividend of approximatelySEK 510m. The refinancing has been made possible by the company's favourabledevelopment and cash flow since the acquisition.Stofa is a Danish triple-play operator (broadband, cable TV and telephony) whichprovides some 350,000 Danish households with cable TV and 40% of them withbroadband as well. The services are delivered in close co-operation with 300antenna associations throughout Denmark. In addition, Stofa also sells to end-