Αρχική iptv-news TV2 set for bond issue

TV2 set for bond issue

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The Hungarian national broadcaster TV2 Media Group is placed to issue bonds worth HUF30 billion (€89.3 million).

According to Portfolio, this follows its participation in the corporate bond programme launched by the National Bank of Hungary this year and the company has already received a credit rating, with the bonds given a minimum requirement of B+ by Scope Ratings.

TV2 is one of the two main commercial broadcasters in Hungary and had a 37% share of the spot advertising market in 2018, generating HUF20 billion.

Scope expects TV2 to maintain a high degree of profitability in the years to come.



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