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PRISA refinances its debt until 2025 and agrees to sell Santillana Spain for 465 million
19-10-2020
- The Group accelerates its strategic transformation, focusing development on subscription models for both Ed-Tech in Latin America and for its media businesses
- Total net debt to be reduced by more than 30%, following a 400 million repayment as part of the refinancing agreement
- PRISA will have 275 million to reinforce its liquidity needs and to facilitate the development of the strategic plans of its businesses
PRISA sells 30.22% of Media Capital to Pluris
14-05-2020
PRISA Group has sold 30.22% of Media Capital to Pluris Investments, a company owned by Portuguese businessman Mario Ferreira. The operation was carried out via a block transfer of shares for a total of 10.5 million euros.
PRISA agrees to sale of Media Capital to Portuguese group Cofina
21-09-2019
- The operation values 100% of Media Capital at 255 million euros.
- The move confirms PRISA's strategy, focused on profitable growth in education and news and on deleveraging.
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