STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Modern Times Group MTG AB (STO:MTGB) (STO:MTGA)
Modern Times Group MTG AB (publ.) (‘MTG’ or ‘the Group’), the international entertainment group, today announced that it has applied for the listing of its corporate bond on NASDAQ OMX Stockholm, and that it has published a prospectus that has been approved by the Swedish Financial Supervisory Authority. The prospectus is available from www.mtg.se (http://www.mtg.se/) and www.fi.se.
MTG announced on 11 March that it had raised a SEK 1 billion bond in the Swedish domestic bond market. The 4 year bond has a floating rate coupon of three month STIBOR plus 1.10%.
This announcement of the publication of the prospectus and the application for listing of the bond on NASDAQ OMX Stockholm is a consequence of the conditions of the bond loan and is not in any part an offer to subscribe for or acquire MTG bonds or any other MTG securities.
Modern Times Group (MTG) is an international entertainment group with operations that span four continents and include free-TV, pay-TV, radio and content production businesses. MTG’s Viasat Broadcasting operates free-TV and pay-TV channels, which are available on Viasat’s own satellite platforms and third party networks, and also distributes TV content over the internet. MTG is also the largest shareholder in CTC Media, which is Russia’s leading independent television broadcaster.
Modern Times Group is a growth company and generated net sales of SEK 14.1 billion in 2013. MTG’s Class A and B shares are listed on Nasdaq OMX Stockholm’s Large Cap index under the symbols ‘MTGA’ and ‘MTGB’.
The information in this announcement is that which Modern Times Group MTG AB is required to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. It was released for publication at 08.00 CET on 27 May 2014.
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