Tradedoubler replaces its current loan from a Swedish credit institution by increasing its loan from Reworld Media S.A. on more favourable terms
Tradedoubler announces that the Company has finalized an arms-length re-negotiation regarding its current loan agreement with the Company’s principal owner Reworld Media S.A. The Company has increased its current facility with Reworld Media S.A from SEK 40 M to a total of EUR 10.95 M in order to repay the Company's SEK 71 M loan to a Swedish credit institution. The facility with Reworld Media S.A. is on market terms, has a maturity in 2026 with an interest rate less than half of the previous loan with the Swedish credit institution. Furthermore, Tradedoubler has a commitment to increase the