Central European Media Enterprises (CME) has announced the start of its rights offering.
It will last until April 25, unless extended by the company, and is designed to raise $341.8 million.
J.P Morgan is acting as the dealer manager in connection with holders’ exercise of the rights in exchange for units in the US and certain other jurisdictions except the Czech Republic.
CME is a media and entertainment company with broadcast interests in six CEE countries.