Alma Media to strengthen its financial position

(Thomson Reuters ONE) -


Alma Media Corporation   Stock Exchange Release   October19, 2010 at 16.30
(EEST)


ALMA MEDIA TO STRENGTHEN ITS FINANCIAL POSITION


Alma Media Corporation has signed a two-year credit facility for EUR 30 million
with Pohjola Bank. The credit facility, valid until October 10, 2013, further
strengthens the financing structure and liquidity of Alma Media Group and
diversifies the range of available financial instruments.


In 30 June 2011, Alma Media's interest-bearing net debt amounted to EUR -8.5
million and gearing ratio was -10.6%.


ALMA MEDIA CORPORATION
Rauno Heinonen
Vice President, Corporate Communications and IR

For further information, please contact:
Alma Media Corporation, CFO Tuomas Itkonen, tel. +358 50 381 0875


Alma Media in brief

Alma Media is a dynamic media company whose best-known products are Aamulehti,
Iltalehti, Kauppalehti and Etuovi.com. Alma Media employs approximately 2,800
professionals. The company's net sales in 2010 totalled MEUR 311.4 with an
operating margin of 13.9 per cent. Alma Media's share (ALN1V) is listed in the
NASDAQ OMX Helsinki Exchange. Read more at www.almamedia.fi







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Alma Media Oyj via Thomson Reuters ONE

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Bereitgestellt von Benutzer: hugin
Datum: 19.10.2011 - 15:31 Uhr
Sprache: Deutsch
News-ID 77960
Anzahl Zeichen: 1895

contact information:
Town:

Helsinki

Kategorie:

Business News

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