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On 29 July 2025, Canal+ SA successfully completed its inaugural Schuldschein loan, raising €285 million. This amount was an increase from an initial launch volume of €125 million. The loan is comprised of euro-denominated tranches with three and five-year maturities, with BNP Paribas, Commerzbank, Credit Agricole Corporate and Investment Bank, and Société Générale acting as arrangers.
| Date | 29 Jul 2025 |
| Time | 07:00:10 |
| Category | Miscellaneous |
| ID | 8881S |
CANAL+ SUCCESSFULLY ISSUES €285 MILLION SCHULDSCHEIN LOAN
Issy-les-Moulineaux, 29 July 2025
CANAL+ SA (LSE: CAN, the "Company" or the "Group"), the global media and entertainment company, announces that it has completed the Group's inaugural debt facility since listing on the London Stock Exchange in December 2024, issuing its first Schuldschein loan (a private placement loan issued under German law) raising over €285 million in financing.
The issuance was highly oversubscribed with an orderbook consisting of high-quality French and international investors, demonstrating strong interest and confidence of investors in the financial profile and strategic direction of CANAL+. Due to the high level of demand, which facilitated pricing at the tight end of the spread range, the total financing package was increased, from an initial launch volume of €125 million to a final volume of €285 million. The attractive pricing and scale of the Schuldschein loan will improve CANAL+'s overall cost of funds.
The Schuldschein loan is comprised of euro-denominated tranches with maturities of three and five years at fixed and floating rates. Funds raised from the issuance will be used for general corporate purposes including the refinancing of existing indebtedness.
BNP Paribas, Commerzbank, Credit Agricole Corporate and Investment Bank and Société Générale were the arrangers of the Schuldschein issuance.
Amandine Ferré, Chief Financial Officer, commented:
"We were pleased with the high level of demand for our first Schuldschein loan, the over-subscription illustrates confidence in our strategy and our robust financial profile. The attractive pricing ensures this issuance will positively impact our overall cost of funds and sets a positive precedent."
For further enquiries please contact:
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Alima Levy Andrew Swailes
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About CANAL+
Founded as a French subscription-TV channel 40 years ago, CANAL+ is now a global media and entertainment company. The group has 26.9 million subscribers worldwide, over 400 million monthly active users on its OTT and video streaming platforms, and a total of more than 9,000 employees. It generates revenues in 195 countries and operates directly in 52 countries, with leading positions in Pay-TV in 20 of them. CANAL+ operates across the entire audio-visual value chain, including production, broadcast, distribution and aggregation.
It is home to STUDIOCANAL, a leading film and television studio with worldwide production and distribution capabilities; Dailymotion, major international video platform powered by cutting-edge proprietary technology for video delivery, advertising, and monetization; Thema, a production and distribution company specialising in creating and distributing diverse content and channels; and telecommunication services, through GVA in Africa and CANAL+ Telecom in the French overseas jurisdictions and territories. It also operates the iconic performance venues L'Olympia and Théâtre de l'Œuvre in France and CanalOlympia in Africa.
CANAL+ has also significant equity stakes across Africa, Europe and Asia, namely in MultiChoice (the Pay-TV leader in English and Portuguese-speaking Africa), Viaplay (the Pay-TV leader in Scandinavia) and Viu (a leading OTT platform in Southern-Asia).