ProSiebenSat.1 launches Debt Issuance Program for future bond financing

Unterföhring, October 30, 2020. Today, ProSiebenSat.1 Media SE has successfully taken the final steps in establishing a Debt Issuance Program. This is a flexible financing program allowing the issuance of fixed and variable rate notes. The program has an overall volume of up to EUR 2.5 billion and aims especially at refinancing existing interest-bearing financial liabilities of ProSiebenSat.1 Group in the future. Amounts, terms and interest rates of the notes to be issued are determined by the conditions prevailing at the respective time of financing.

Rainer Beaujean, Chairman of the Executive Board & CFO of ProSiebenSat.1 Media SE: “With the Debt Issuance Program, we have created an opportunity to proactively refinance future maturities with greater flexibility and to take advantage of favorable market conditions as they arise.”

ProSiebenSat.1 Media SE is planning to redeem the existing EUR 600 million notes due in April 2021 from available liquidity resources. The Group does not intend to use the Debt Issuance Program for this redemption.

Contact person
  • Corporate Communications | Corporate & Finance Communication
    Stefanie Rupp-Menedetter
    Head of Group Communications & Event
    Tel. +49 [0]89 9507-2598Stefanie.Rupp@ProSiebenSat1.com
  • Corporate Communications | Corporate & Finance Communication | Content Production
    Susanne Brieu
    Head of Corporate Communications Strategy & Finance, Communication Red Arrow Studios
    Tel. +49 [0]89 9507-1137Susanne.Brieu@prosiebensat1.com