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Viaplay Group Secures Noteholder Approval for Financial Restructuring

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Viaplay Group Secures Noteholder Approval for Financial Restructuring

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Viaplay ( ($SE:VPLAY.B) ) has provided an announcement.

Viaplay Group has received approval from its noteholders for new working capital credit facilities and the cancellation of a significant guarantee facility, following its acquisition of Telenor’s stake in Allente Group. This approval, achieved through a written procedure, allows Viaplay to enhance its financial flexibility and supports its strategic expansion in the television services market.

The most recent analyst rating on ($SE:VPLAY.B) stock is a Hold with a SEK1.00 price target. To see the full list of analyst forecasts on Viaplay stock, see the SE:VPLAY.B Stock Forecast page.

More about Viaplay

Viaplay Group AB is the leading entertainment provider in the Nordic region, offering a streaming service available in every Nordic country, the Netherlands, and Poland. The company also operates TV channels and radio stations in Norway and Sweden, focusing on locally relevant storytelling across sports, films, series, and music. Viaplay Group is listed on Nasdaq Stockholm.

Average Trading Volume: 18,777,506

Technical Sentiment Signal: Hold

Current Market Cap: SEK4.18B

Find detailed analytics on VPLAY.B stock on TipRanks’ Stock Analysis page.

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