LSP advises Holtzbrinck media holding on comprehensive financing

LSP has advised DvH Medien GmbH which is controlled by the well-known media entrepreneur Dieter von Holtzbrinck on the refinancing of existing liabilities and on a growth financing. The facilities consist of senior loans and a super senior loan. The funds for the senior loans were provided by non-banks (Debt Funds).

The Stuttgart based DvH Medien GmbH is a shareholder of several leading media groups and publishing houses in Germany. Among the renowned publications of these publishing houses are the newspapers “Handelsblatt”, “Die Zeit” and “Der Tagesspiegel” as well as the magazine “Wirtschaftswoche”.

The financing ensures financial flexibility for the coming years and enables the implementation of DvHM-group´s growth strategy, in particular in the digital sector.