HLSE:SANOMAMedia
How Sanoma Oyj’s New €220m Term Loan At Sanoma Oyj (HLSE:SANOMA) Has Changed Its Investment Story
Sanoma Corporation has completed a €220 million syndicated term loan facility with nine banks, maturing in March 2029 and earmarked to prepay a €119 million term loan in 2025 and refinance a €150 million hybrid bond in 2026, partly supported by improved operating cash flow.
By locking in long-term funding and replacing more complex instruments such as the hybrid bond, Sanoma appears to be simplifying its capital structure and potentially improving balance sheet flexibility for its learning...