Gentoo Media Secures 100 Million Euro Refinancing Package

The refinancing strategy, approved by an independent committee to avoid conflicts of interest, targets the full repayment of outstanding bonds maturing on December 18, 2026. By combining the senior secured loan with a directed share issue, the company aims to pay down its debt and restore control over its cash flows. The new loan, which carries an interest rate of EURIBOR 3M plus 7.50 percent, offers the flexibility of early repayment without penalties, a significant shift from the current bond structure.

To facilitate the capital injection, Gentoo Media plans to hold an Extraordinary General Meeting on November 2, 2026. The board intends to increase authorized common stock and introduce a new class of "Class Z" shares. Major shareholders, including the Juroszek family entities, have committed to backstopping the share issue at a subscription price of 6.1633 SEK per share. According to CEO Jonas Warrer, this package provides a clear path to stabilize the balance sheet and eventually allows for future shareholder returns, such as dividends or buybacks, once the debt is cleared.