Gentoo Media has secured a EUR 50,000,000 senior secured term loan from shareholders ZJF and Betplay Capital, Fundacja Rodzinna.

Gentoo Media Inc is the ultimate parent of the Gentoo group. The company’s existing bonds were issued by subsidiary Gentoo Media P.L.C., with the company and several subsidiaries as guarantor, and carry an aggregate outstanding nominal value of approximately EUR 91.5 million equivalent across a dual tranche of EUR and SEK, maturing on 18 December 2026.

The board has, together with its advisers, evaluated refinancing alternatives ahead of the bonds’ maturity and has concluded that a combination of a new senior secured loan and a directed share issue, as described below, represents the most certain and appropriate solution for refinancing the Bonds in full and strengthening the Company’s capital structure.

The refinancing process has been led by an independent refinancing committee, with directors affiliated with the Lender taking no part in the board’s deliberations or resolutions on the financing.

During 2026, the company, assisted by an external financial adviser, conducted a broad market process in which more than 100 potential financing providers were approached and a number of firm financing offers were received.

The committee has also obtained an independent fairness opinion from Deloitte Malta, which concluded that the pricing and other key terms of the loan are consistent with fair market conditions and compare favourably with the executable third-party alternatives.