Sanoma Corporation €500 million refinancing

Overview:

• Sanoma, a leading consumer media and learning company, has obtained a syndicated revolving credit facility of €500 million from ING Bank, Nordea Bank, Pohjola Bank, Danske Bank, Handelsbanken, SEB and Swedbank.
• Sanoma is listed on the Nasdaq Helsinki stock exchange. The company has operations in Finland, Sweden, Belgium, the Netherlands and Poland.
• ING Bank, Nordea Bank and Pohjola Bank acted as arrangers.

Wai Yee Tsang - Journalist