Alma Media to strengthen its financial position

Alma Media to strengthen its financial position

ID: 99174

(Thomson Reuters ONE) -


Alma Media Corporation  Stock Exchange Release  December 21, 2011 at 14.15 (EET)


ALMA MEDIA TO STRENGTHEN ITS FINANCIAL POSITION

Alma Media Corporation has signed a credit facility for EUR 35 Million with SEB.
The credit facility, valid until 19 December 2012, further strengthens the
financing structure and liquidity of Alma Media Group and diversifies the range
of available financial instruments. Alma Media also has the right to extend the
period of validity of the credit facility further by one year.

In September 30, 2011, Alma Media's interest-bearing net debt amounted to EUR
-12.4 Million and gearing ratio was -13.3%.

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

[HUG#1573133]




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Bereitgestellt von Benutzer: hugin
Datum: 21.12.2011 - 13:16 Uhr
Sprache: Deutsch
News-ID 99174
Anzahl Zeichen: 1963

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