Essen \u2014 Funke Medi\u00aden\u00adgruppe has raised 100 million euros by means of the first promis\u00adsory note loan in its history. The money is earmarked for further growth projects. The next tran\u00adsac\u00adtions are said to alre\u00adady be \u201cin the pipeline\u201d. <\/p>\n
The tran\u00adsac\u00adtion compri\u00adses tran\u00adches with terms of three and five years, which were offe\u00adred at varia\u00adble and fixed inte\u00adrest rates, Funke said in a state\u00adment. \u201cThe tran\u00adsac\u00adtion impres\u00adsi\u00advely demons\u00adtra\u00adtes that we are also a very attrac\u00adtive company for new inves\u00adtors in an other\u00adwise chal\u00adlen\u00adging market envi\u00adron\u00adment. We will grow both through acqui\u00adsi\u00adti\u00adons and through the digi\u00adtal trans\u00adfor\u00adma\u00adtion of our exis\u00adting busi\u00adnesses,\u201d writes Chief Finan\u00adcial Offi\u00adcer Simone Kasik<\/strong>. <\/p>\n Acqui\u00adsi\u00adti\u00adons<\/strong><\/p>\n This year, the company has alre\u00adady acqui\u00adred the titles \u201cBrigitte\u201d, \u201cGala\u201d, \u201cEltern\u201d, \u201cChef\u00adkoch\u201d and the social media company Kitchen Stories and is not plan\u00adning to stop there: \u201cWe are clearly on the buyer\u2019s side in the market \u2014 the successful place\u00adment of the promis\u00adsory bill confirms this,\u201d writes Ricarda W\u00f6rde\u00admann, Head of Corpo\u00adrate Finance at the media group<\/strong>. The next tran\u00adsac\u00adtions are alre\u00adady \u201cin the pipeline\u201d. <\/p>\n Publisher Julia Becker <\/strong>(photo: Funke Medi\u00aden\u00adgruppe) is also quoted: \u201cOur latest steps send a clear signal: quality jour\u00adna\u00adlism has a future. And it proves that respon\u00adsi\u00adbi\u00adlity and econo\u00admic soli\u00addity are not mutually exclu\u00adsive \u2014 but mutually reinforcing.\u201d <\/p>\n Funke has appoin\u00adted BayernLB, finpair and UniCre\u00addit as arran\u00adgers for the tran\u00adsac\u00adtion<\/strong>, with Nord\/LB as the first lender and paying agent.<\/p>\n Advi\u00adsor Funke: Herter & Co. \u2014 Teneo Capi\u00adtal Advi\u00adsory<\/strong> as Sole Debt Advi\u00adsor and advi\u00adsed by Milbank LLP<\/strong>.<\/p>\n Funke Media Group<\/strong><\/p>\n \u201cWe connect, inform, enter\u00adtain, inspire and involve people with our media, enable exch\u00adange and parti\u00adci\u00adpa\u00adtion, support and provide orien\u00adta\u00adtion in a complex world. In doing so, we create the condi\u00adti\u00adons for an open, demo\u00adcra\u00adtic society and a libe\u00adral way of life.\u201d <\/p>\n FUNKE\u2019s focus is on three busi\u00adness divi\u00adsi\u00adons: Regio\u00adnal Media, Maga\u00adzi\u00adnes and FUNKE Digi\u00adtal. FUNKE thri\u00adves on the diver\u00adsity of its company loca\u00adti\u00adons and products \u2014 but above all on the diver\u00adsity of its employees: Around 1,700 jour\u00adna\u00adlists and around 3,000 media makers work every day to deli\u00adver one thing for readers and custo\u00admers: Top performance. Essen \u2014 Funke Medi\u00aden\u00adgruppe has raised 100 million euros by means of the first promis\u00adsory note loan in its history. The money is earmarked for further growth projects. The next tran\u00adsac\u00adtions are said to alre\u00adady be \u201cin the pipe\u00adline\u201d. The tran\u00adsac\u00adtion compri\u00adses tran\u00adches with terms of three and five years, which were offe\u00adred at variable [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-58734","post","type-post","status-publish","format-standard","hentry","category-news-en"],"yoast_head":"\n
\n\u2014 https:\/\/www.funkemedien.de<\/p>\n","protected":false},"excerpt":{"rendered":"