Gentoo Media Inc. Secures EUR 50M Loan and Share Issue to Refinance Bonds Due in December
Gentoo Media Inc., listed on Nasdaq Stockholm as G2M, has secured a EUR 50 million senior secured term loan from Fundacja Zbigniewa Juroszka Fundacja Rodzinna (ZJF), one of its major shareholders. The company also plans to conduct a directed share issue for an additional EUR 50 million in the fourth quarter of 2026, pending shareholder approval at an Extraordinary General Meeting. The combined proceeds from both financing measures are intended to fully repay Gentoo Media P.L.C.'s outstanding senior secured bonds maturing on December 18, 2026. These bonds have a nominal value of approximately EUR 91.5 million and were issued by the subsidiary with guarantees from the parent company and several subsidiaries. The refinancing strategy aims to strengthen Gentoo's capital structure while returning control over cash flows to the Company. The new loan is repayable at any time without penalty, carries no equity component, and allows for future shareholder returns through dividends or buybacks.