Sirius Media Bond Financing: Conversion at a Preferred Price

Sirius Media, a group specializing in audiovisual production, has announced the completion of the conversion of its convertible bonds into shares. This process involves €1.25 million in bonds, converted on January 29, 2026, at a premium price of €0.0011, representing a 175% increase over the closing price on January 28. This conversion marks the completion of the bond financing initiated in early 2025 with Atlas Capital Markets.

This financing enabled Sirius Media to secure its working capital needs and cancel €35 million of debt through creditor agreements. As part of its new strategy, the group commits to no longer using variable-price financing, such as convertible bonds, for its future operations.