Catena Media makes a voluntary partial prepayment of its Outstanding Bonds

Catena Media plc (Nasdaq Stockholm: CTM)

Catena Media plc (“Catena Media” or the “Company”) announces that the Company will make a voluntary partial prepayment (the “Voluntary Partial Prepayment”) of its up to EUR 250,000,000 senior secured callable floating rate bonds (ISIN: SE0010832154), with a total outstanding nominal amount of EUR 94,500,000 (the “Outstanding Bonds”), governed by the terms and conditions originally dated 2 March 2018 and as amended and restated on 29 June 2020 (the “Terms and Conditions”).

Pursuant to Clause 11.4.2 of the Terms and Conditions (Subsequent voluntary partial prepayments), Catena Media may elect to prepay an amount of up to EUR 4,000 per bond on each interest payment date. The Voluntary Partial Prepayment will be made on 2 March 2021 to the holders holding bonds on the applicable record date, being 23 February 2021.

The Voluntary Partial Prepayment will be made in relation to all Outstanding Bonds, by way of reducing the nominal amount of each bond pro rata with an amount of EUR 4,000 per bond, in aggregate EUR 6,000,000. Following the Voluntary Partial Prepayment, the nominal amount of each bond will be EUR 59,000 and the total outstanding nominal amount will be EUR 88,500,000. The prepayment per bond shall be made at the applicable call option price, which for the relevant period is 101.375 per cent., together with accrued but unpaid interest on the prepaid amount. The total amount to repay (excluding accrued but unpaid interest) is EUR 6,082,500.

In accordance with the Terms and Conditions, a notice stating the amount of the Voluntary Partial Prepayment and the applicable record date for the Voluntary Partial Prepayment has today been sent to the holders. The notice is available at the Company’s website, www.catenamedia.com.

For further information, please contact:  
Peter Messner, Group CFO, Catena Media plc
Phone: +46 768 95 26 93, E-mail: [email protected]     

Åsa Hillsten, Head of IR & Communications, Catena Media plc
Phone: +46 700 81 81 17, E-mail: [email protected]

The information was submitted for publication, through the agency of the contact persons set out above, on 5 February 2021 at 08.00 CET.

About Catena Media
Catena Media has a leading position within online lead generation. The company has about 400 employees in US, Australia, Japan, Serbia, UK, Sweden, Italy and Malta (HQ). The company is listed on Nasdaq Stockholm. Further information is available at www.catenamedia.com.