BOND ISSUE 2021/2024
In 2021 the company issued senior unsecured floating rate bonds with a nominal value of EUR 55 million under a framework of EUR 100 million. The debt securities bear a floating rate coupon of 3-month Euribor plus 6 percent, with 3-month Euribor being subject to a floor of 0 percent.
In Q1 2024 a written procedure was successfully completed and a partial prepayment of half of the nominal amount of the bond was made. As a result, the total outstanding nominal amount of the bond is EUR 27.5 million (55.0), of which Catena Media holds EUR 6.15 million (12.3) as of 29 February 2024. The maturity date was extended to 9 June 2025.
As of June 2025 the senior bonds have been fully redeemed, and Catena Media has no outstanding obligations in relation to the Bond issue 2021/2024.
Amended and Restated Terms and Conditons
(Press release) Catena Media receives consent from the bondholders in the written procedure for its outstanding bond loan 2021/2024
Notice of written procedure 19 December 2023
(Press release) Catena Media initiates a written procedure under its outstanding bond loan 2021/2024
Tender Information Document
Conditional notice of early redemption
(Press release) Catena Media announces tender offer, gives conditional notice of redemption of outstanding bonds and plans new bond issue
Approved Bond Prospectus 2021/2024 for Eur 55,000,000