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NENT Group raises SEK 600 million in bond issue

February 21, 2022 12.11 Europe/London By Julian Clover

Nordic Entertainment Group (NENT) has raised SEK 600 million through 4-year unsecured bonds issued to more than 20 Nordic investors.

The issue has been made within the framework of the Viaplay company’s established SEK 4 billion medium-term note programme.

“The issue is part of our well-balanced funding strategy that aims to maintain our long-term funding profile,” said Åsa Regen Jansson, NENT Group’s Acting CFO.

DNB, Nordea and Swedbank have advised NENT Group on the issue. The total outstanding value of NENT Group’s bonds under the MTN programme is now SEK 2,900 million, with an increased weighting towards long-term maturities.

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Filed Under: Finance, Newsline Edited: 21 February 2022 12:11

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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