Catena Media Announces Debt Refinancing to Fuel Growth and Acquisitions

The publicly traded performance marketing firm, Catena Media, headquartered in Stockholm, recently unveiled a substantial restructuring of its corporate liabilities. The company plans to offer €150 million worth of fresh senior unsecured bonds maturing in 2021. This action will supersede their current bonds and diminish their yearly interest expenditures, concurrently granting them the capacity to secure supplementary funds ranging from €30 million to €300 million. Henrik Persson Ekdahl, CEO of Catena, affirmed that this maneuver strategically positions them for sustained business expansion, particularly via mergers and acquisitions, aiming to achieve a dominant role within the consolidating affiliate marketing sector.