Mediawan: Agreement on the Amendment to the Bank Credit
18 Agosto 2020 - 7:45AM
Business Wire
Regulatory News:
Mediawan (Paris:MDW) announces it has reached an agreement with
the banks of its lending pool for the amendment of its €230m credit
facility. Amendments include notably, amongst other technical
changes, the suspension of the leverage covenant (net debt /
EBITDA) for December 2020 and June 2021 in the context of a
deteriorated financial performance related to the covid-19
situation.
About Mediawan - mediawan.com
Created in late 2015 by Pierre-Antoine Capton, Xavier Niel and
Matthieu Pigasse, Mediawan soon became one of the main independent
European studios producing premium content. Mediawan brings
together best-in-class talents in audiovisual creation by operating
on the entire value chain: production of drama, documentary and
animated original content (Mediawan Originals and Mediawan
Animation), distribution of audiovisual content (Mediawan Rights),
and publishing of channels and digital services (Mediawan
Thematics). Mediawan currently gathers 30 production labels.
Eligible to PEA-PME – ISIN code: FR0013247137/Ticker: MDW
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Victoire GRUX - +33 6 04 52 16 55 - vgrux@mediawan.eu