Jun 11,2021
2021 and 2022 editions will continue to be broadcast live and exclusively on German free TV
Zug, Switzerland – Infront and BMW BERLIN-MARATHON organiser SCC Events have prolonged its broadcast rights agreement for the World Marathon Majors race with SportA, the sports rights agency of German broadcasters ARD and ZDF for two more years.
The extension covers the 2021 and 2022 events and will be covered live and exclusively on ARD channels Das Erste and rbb Fernsehen. The broadcaster will also have full exclusivity to online and social media content for the race.
Hans-Peter Zurbruegg, Senior Vice President Personal & Corporate Fitness at Infront, said: “The BMW BERLIN-MARATHON is one of the world’s top races and has seen four world records broken on its course in the last 10 years. We are delighted that German fans will continue to witness some more memorable moments through this media rights prolongation with SportA for the upcoming two editions. This renewal builds on a trusted foundation in challenging times and we look forward to continuing this successful collaboration.”
Christian Jost, Managing Director of SCC EVENTS, said: “The most beautiful thing about sport is the emotion. And you want to be part of the action, whether as an active athlete or a spectator. Unfortunately, you can’t always be there live. Therefore, it is all the more important for an organizer to have a reliable partner at his side who can transport the excitement through images with high journalistic quality. With SportA as the responsible sports rights agency of ARD and rbb, we have further secured this by extending a multi-year commitment.”
Axel Balkausky, ARD Sports Coordinator, said: "We are proving our stamina and are pleased to be able to continue our partnership with the organisers of the BMW BERLIN-MARATHON, which began in 2013, for at least two more years. We will continue to support this top-class event on the great course in Berlin with competence, experience and passion. Our athletics fans can continue to expect a mixture of international, national and regional flair in combination with top-class sport in the broadcasts from the German capital on Ersten and RBB television.”
The next edition of the BMW BERLIN-MARATHON is scheduled to take place on September 26, 2021.
BEIJING, March 17, 2020 (GLOBE NEWSWIRE) -- Wanda Sports Group Company Limited (NASDAQ: WSG) (the “Company”) today announced that the Company signed a $240 million senior term loan facility agreement with Credit Suisse AG, Singapore Branch, enabling the Company to refinance and prepay its existing senior 364-day term loan facility, dated March 15, 2019.
Mr. Hengming Yang, President and CEO of Wanda Sports Group said, “We are very pleased with the new credit facility. The successful refinancing demonstrates continued confidence in our business and operations, despite the global challenges and uncertainties resulting from COVID-19. We will continue to work diligently on behalf of our partners, athletes, fans and shareholders.”
Mr. Brian Liao, Global CFO of Wanda Sports Group said, “As always, we are committed to lowering our costs, monitoring our use of cash, and balancing our investments with disciplined management of our existing financial resources to optimize shareholder returns. The new facility provides the Company with additional financial flexibility, while allowing it to take advantage of the current favorable interest rate environment to lower interest costs.”
The term of the new facility is 364 days. The pricing will initially be LIBOR plus an applicable margin, and the term is subject to certain mandatory prepayment terms. These and the other principal terms of the new facility are outlined further in a Form 6-K (Report of Foreign Private Issuer) submitted today to the U.S. Securities and Exchange Commission.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements can be identified by terminology such as “will,” “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “intend,” “potential,” “plan,” “goal” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. All forward-looking statements speak only as of the date of this press release and are expressly qualified in their entirety by the cautionary statements included in this press release. The Company disclaims any obligation to update or revise forward-looking statements that may be made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events, other than as required by law.
