Gentoo Media Unit Obtains EUR50 Million Senior Secured Loan

06:39 AM EDT, 10/01/2026 (MT Newswires) -- Gentoo Media's (G2M.ST) Gentoo Media plc subsidiary secured a senior secured loan worth 50 million euros due Dec. 18, 2029, according to a Thursday release. The quarterly payable loan, secured from major shareholder Fundacja Zbigniewa Juroszka Fundacja Rodzinna, carries an interest rate of the three-month Euro Interbank Offered Rate plus 7.50% per annum. Additionally, the online gambling and sports betting company plans to conduct a share issue to raise 50 million euros in the fourth quarter, subject to shareholder approval. Proceeds from the loan and the fundraiser aim to decrease its debt facilities, as well as repay its bonds that will mature on Dec. 18.