Anglo Chinese Securities, Limited, Hong Kong (“Anglo Chinese”) wishes to alert members of the general public and users of its website to the existence of potential fraudulent operators and their website which claim an association with Anglo Chinese.
In particular, it has been discovered that a domain name www.angloplus.com (“Offending Website”) appears to be, or is claiming to be associated with, our business.
Anglo Chinese confirms that it has no connection or association with the Offending Website at all. Other than the official website www.anglochinesegroup.com, Anglo Chinese does not use any other websites and has not authorized any use of its name or holding out of any association. If you are suspicious of the authenticity of any contact made or website found, please contact us.
Mediapro is one of the Europe’s leading media technology and culture company headquartered in Spain. With more than 30 offices and operation in 150 countries and regions around the world, Mediapro is mainly engaged in sporting rights, media production and audio-visual services and owns the exclusive global commercialisation rights of La Liga.
Around late 2020, Mediapro found itself in financial difficulties due to the impact of the COVID-19 pandemic and became unable to meet cash obligations of its daily operations and service its debt and interest obligations of approximately EUR 900 million.
Several creditors made debt-to-equity swap proposals which, if successful, would have heavily diluted the group’s existing equity giving creditors over 90% of Mediapro shares.
our roles
Anglo Chinese acted as the exclusive financial and restructuring advisers to assist our client Southwind, an affiliate of the group’s majority shareholder.
We advised our client in reaching a recapitalisation and debt restructuring deal with multiple key stakeholders, including creditors of the first and second lien, management and other minority shareholders.
The recapitalisation involves a €620 million equity subscription fully subscribed by our client.
key matters
Protected client interests in the face of well capitalised and very aggressive creditor takeover.
Successfully managed a complex, competitive multi-party distressed recapitalisation.
Leveraged financial, commercial and strategic expertise to secure best result for client.