The Capital Markets News section is powered by the Bucharest Stock Exchange 

 

BSE

 

Romania's major telco Digi redeems EUR 450 mln bond

01 October 2024

The telecommunications company Digi Communications (BVB: DIGI) announced on September 30 that its Romanian subsidiary has fully redeemed the EUR 450 mln bond maturing in January 2025 and holding a 2.5% coupon, Ziarul Financiar reported.  

In June this year, ING Bank supported Digi Romania and Digi Communications in arranging a credit facility worth EUR 150 mln for a period of 3 years to be used to repay the group's bonds.

In May, Digi reached an agreement to get indirect majority control of Telekom Romania Mobile – the local mobile operator and the last asset of the Greek group OTE that took over the country's incumbent telecom group, Romtelecom, in a process initiated in 1998.

However, the deal is still being evaluated by the Competition Council.

iulian@romania-insider.com

(Photo source: the company)

Normal

Romania's major telco Digi redeems EUR 450 mln bond

01 October 2024

The telecommunications company Digi Communications (BVB: DIGI) announced on September 30 that its Romanian subsidiary has fully redeemed the EUR 450 mln bond maturing in January 2025 and holding a 2.5% coupon, Ziarul Financiar reported.  

In June this year, ING Bank supported Digi Romania and Digi Communications in arranging a credit facility worth EUR 150 mln for a period of 3 years to be used to repay the group's bonds.

In May, Digi reached an agreement to get indirect majority control of Telekom Romania Mobile – the local mobile operator and the last asset of the Greek group OTE that took over the country's incumbent telecom group, Romtelecom, in a process initiated in 1998.

However, the deal is still being evaluated by the Competition Council.

iulian@romania-insider.com

(Photo source: the company)

Normal
 

facebooktwitterlinkedin

1

Romania Insider Free Newsletters