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Sanoma to repay €200 million bridge loan
By Taylor Fox
New York, March 8 – Sanoma Corp. plans to repay its €200 million bridge loan drawn in connection with the acquisition of Santillana Spain, according to a news release.
The transaction will be funded using proceeds from a new issue of euro-denominated fixed-rate notes.
Sanoma is a diversified media group based in Helsinki, Finland.
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