Polish cable operator Cyfrowy Polsat has secured credit from a consortium of banks to help with the acquisition of parent company Telewizja Polsat.
The operator has entered into loan agreements with various banks including Citibank, Royal Bank of Scotland, Bank Handlowy and CrÃ©dit Agricole CIB to the value of PLN3 billion (747 million). The first agreement has been finalised for PLN1.4 billion of credit along with up to PLN200 million in revolving credit with a second amounting to PLN1.4 billion.
Cyfrowy Polsat is set to acquire Telewizja Polsat in a deal worth PLN3.75 billion.
Join us on 30 Sep at 10am BST for iWedia's Digital Symposium session "Android TV: Engaging the consumer; monetising… twitter.com/i/web/status/1…
27 September 2020 @ 09:00:00 UTC
ICYMI: UK SVOD viewing still strong despite lockdown lift digitaltveurope.com/2020/09/25/uk-… https://t.co/srsViARNY9
26 September 2020 @ 18:00:00 UTC
ICYMI: Amazon launches new Fire Sticks and redesigned Fire TV UX digitaltveurope.com/2020/09/25/ama… https://t.co/n0r3656Oqu
26 September 2020 @ 17:10:00 UTC