Recent work | February 9, 2024

Roschier has represented Groupe Canal+ in Viaplay Group’s SEK 18.6 billion recapitalization program

Roschier has advised Groupe Canal+ in the negotiation and execution of Viaplay Group's comprehensive recapitalization program.

The recapitalization program has, inter alia, included a SEK 4 billion equity capital injection, comprising a SEK 3.1 billion directed share issue and a SEK 0.9 billion rights issue, a SEK 2 billion write-down of existing debt obligations, of which SEK 0.5 billion has been converted into equity, and an amendment and extension of existing bank and bond commitments totaling SEK 14.6 billion. Through the share issues, Canal+ will increase its shareholding to 29.33 percent of the share capital, entailing that Canal+ will remain the largest shareholder of Viaplay Group.

 The successful completion of the recapitalization program was announced on 9 February 2024.

Roschier’s main advisory team has comprised Christoffer Benninge, Tilda Rosengren, Ellen Pettersson, Niklas Eriksson, Marcus Kern Fahlander and Emma Johansson.