The publicly traded performance marketing firm, Catena Media, headquartered in Stockholm, has obtained a fresh corporate debt facility amounting to €150 million. This action supersedes their current debt framework and lowers their interest burden from 6.75% to a more advantageous 5.5%. This financial restructuring furnishes Catena with a more robust fiscal base to pursue its ambitious expansion plan, which significantly depends on integrating other businesses within the online gaming affiliate sector. Chief Executive Henrik Persson Ekdahl conveyed contentment with the substantial investor enthusiasm, emphasizing their confidence in the company’s trajectory. This revised financial agreement grants Catena the adaptability to secure supplementary capital, up to €300 million, to maintain its leadership in the consolidation of the affiliate marketing domain.
Catena Media Secures €150 Million Debt Facility to Fuel Expansion in Online Gaming Affiliate Market
By William "Whisper" Anderson
Jun16,2024
By William "Whisper" Anderson
This accomplished writer holds a Bachelor's degree in Applied Mathematics and a Master's in Financial Engineering. Their expertise in stochastic calculus, time series analysis, and risk management allows them to provide in-depth analysis of casino games and betting strategies. They have a passion for educating readers on the mathematical foundations of gambling and helping them make informed decisions. Their work has been published in numerous industry journals and online platforms.
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