Romania’s telco Digi proceeds with EUR 287 mln IPO for Spanish subsidiary
Romanian telecom operator Digi Communications (BVB: DIGI) wants to raise at least EUR 287 million by listing the shares of its Spanish subsidiary, according to a note to investors. The public offering, which may reach EUR 330 million,…
iulian ernst · Journalist
· Updated · 2 min read
Romanian telecom operator Digi Communications (BVB: DIGI) wants to raise at least EUR 287 million by listing the shares of its Spanish subsidiary, according to a note to investors. The public offering, which may reach EUR 330 million, includes the sale of new shares and existing shares plus an over-allocation option granted to the global coordinator.
Following the IPO, the shares are anticipated to be admitted to trading on the Barcelona, Bilbao, Madrid, and Valencia Stock Exchanges for trading through the Automated Quotation System or “Mercado Continuo” of the Spanish Stock Exchanges.
