Reuters news agency said the bonds will be issued to cover the cost of the station's purchase of an addition 49% of the satellite platform 'n', giving it 100% ownership, as well as to refinance TVN's own debt.
TVN projects break-even in 2011. The bonds will have a 10-13 year maturity.
Investors and experts reacted negatively to the news.
The Film New Europe (FNE) Association is the networking platform for film professionals in the CEE/SEE/Baltics region. The webportal and FNE newswire was chosen as the MAIN TOOL to achieve the network’s objectives of the sharing of know how, visibility of regional cultural diversity and finally the VOICE of the region.
FNE’s objectives include VISIBILITY for the region and AUDIENCES for films by providing a special focus on the region.