Sanoma redeems its outstanding hybrid bond on the reset date 16 March 2026
Globenewswire·2026-02-11 06:35

Group 1 - Sanoma Corporation will redeem its outstanding EUR 150 million hybrid bond on the reset date of 16 March 2026 [1][2] - The redemption price will equal the principal amount of the note plus any accrued interest up to, but excluding, the reset date [2] - An application will be submitted to Nasdaq Helsinki Ltd to remove the Capital Securities from trading [2] Group 2 - Sanoma is a learning and media company operating across Europe, impacting millions with educational content and solutions [3][4] - The company employs close to 5,000 professionals and reported net sales of approximately EUR 1.3 billion in 2025, with an adjusted operating profit margin of 14.4% [6] - Sanoma aims for organic growth in K12 education and plans to accelerate growth through value-creating mergers and acquisitions [5]