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RCS Rizzoli Corriere della Sera MediaGroup SpA

0.90
0.02 (2.27%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Rizzoli Corriere della Sera MediaGroup SpA BIT:RCS Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 2.27% 0.90 0.88 0.906 0.90 0.872 0.888 1,007,867 17:00:00

Italy's RCS MediaGroup Asks Banks to Revise Terms of Refinancing Deal

22/05/2013 12:03am

Dow Jones News


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RCS MediaGroup SpA (RCS.MI) said Tuesday it has asked the financial entities involved in a refinancing deal with the Italian publisher to revise some of the terms and conditions of the agreement following the recent improvement seen in financial markets.

The company, which publishes one of Italy's most influential daily newspaper, Corriere della Sera, in mid-April approved the terms of a refinancing deal with a group of banks to reschedule maturing debt worth EUR575 million ($739 million). The deal comprises three lines of credits with maturities of between three and five years.

RCS Mediagroup's stakeholders include Fiat SpA (F.MI), Assicurazioni Generali (G.MI), Intesa Sanpaolo (ISP.MI) and Mediobanca (MB.MI).

Write to Enza Tedesco at enza.tedesco@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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