MGI - Media and Games Invest considers issuance of new senior secured bonds and announces partial buy-back offer in outstanding senior secured bonds

MGI - Media and Games Invest considers issuance of new senior secured bonds and announces partial buy-back offer in outstanding senior secured bonds MGI - Media and Games Invest considers issuance of new senior secured bonds and announces partial buy-back offer in outstanding senior secured bonds

THIS ANNOUNCEMENT IS NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, WITHIN OR TO THE UNITED STATES, UNITED KINGDOM, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND OR IN ANY OTHER JURISDICTION WHERE SUCH RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES IN ACCORDANCE WITH APPLICABLE LAW.

8 March 2023 – MGI - Media and Games Invest SE (“MGI” or the “Company”, ISIN: SE0018538068; Ticker M8G; Nasdaq First North Premier Growth Market and Scale Segment Frankfurt Stock Exchange, OTCQX: MDGIF), has mandated Pareto Securities AB (“Pareto Securities”) as global coordinator and joint bookrunner and Nordea Bank Abp (“Nordea”) as joint bookrunner to investigate the possibility of issuing new 4-year senior secured floating rate bonds in an approximate amount of EUR 200,000,000 (the “New Bonds”). Subject to inter alia market conditions, a capital markets transaction may follow. Without having any particular liquidity need in the near future, MGI is considering the issuance of New Bonds in order to extend the maturity profile of the Company’s outstanding debt instrument.

In connection with the issuance of New Bonds, the Company will offer a partial buy-back (the “Buy-Back”) to the holders of the Company’s outstanding senior secured floating rate bonds maturing on 27 November 2024 with ISIN SE0015194527 (the “Bonds 2024”). Holders of Bonds 2024 participating in the issuance of New Bonds will be offered priority in the Buy-Back allocation and the purchase price for the Buy-Back will be determined by way of a book building process. The final purchase price will be the same for all investors participating in the Buy-Back.