Alma Media renewed the EUR 190 million long-term financing arrangement of linked to sustainability criteria
Alma Media Corporation Press release 18 December 2023 ALMA MEDIA RENEWED THE EUR 190 LONG-TERM FINANCING ARRANGEMENT LINKED TO SUSTAINABILITY CRITERIA Alma Media has 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.