28-Mar-2025: Digi Communications N.V. announces the conclusion of Facilities Agreements by companies within Digi Group

(IN BRIEF) Digi Communications N.V. announced that its subsidiaries have secured new credit facilities to support network expansion and corporate activities. Digi Romania signed two export credit agreements totaling approximately EUR 54.77 million, with funds earmarked for expanding its telecommunications networks in Romania and Portugal over the next four years. Meanwhile, Digi Spain finalized a EUR 275 million credit facility—used to refinance existing debt, invest in capital expenditures, and boost working capital—with a five-year tenor. Digi Communications remains a leading European telecom provider with a strong presence in Romania, Spain, Italy, Portugal, and Belgium.

(PRESS RELEASE) BUCHAREST, Romania, 28-Mar-2025 — /EuropaWire/ —  Digi Communications N.V. (“DIGI”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, would like to inform the market that Digi Romania S.A. (the Company’s subsidiary in Romania – “Digi Romania”), signed on 27 March 2025 two export credit facilities agreements in a total principal amount of EUR 54,766,340.98, with a maturity of 4 (four) years as of the starting point of each credit (i.e. the starting point of credit being 30 April 2025, respectively 30 June 2025), to be used for the expansion of the telecommunications networks of the Company’s subsidiaries in Romania and Portugal.

Additionally, Digi Spain Telecom, S.L.U. (the Company’s subsidiary in Spain – “Digi Spain”), and Banco Santander S.A., Banco Bilbao Vizcaya Argentaria S.A., ING Bank N.V., Sucursal en España, as bookrunners and mandate lead arrangers, and a syndicate of banks acting as original lenders, have signed on 28 March 2025 a credit facility agreement for an amount of EUR 275,000,000, with a tenor of 5 (five) years after the date of the facilities agreement. The borrowed amounts will be used by Digi Spain, for the purposes of: (a) refinancing of the existing facilities under the facility agreement dated 26 July 2021, as further amended and restated; (b) capital expenditure in Spain; and (c) general corporate and working capital.

About Digi Communications N.V.

We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

Contacts:

Digi Communications NV
Phone no: +4031 400 4444
investor.relations@digi-communications.ro

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FAQs:

Q: What did Digi Communications N.V.  announce on 28 Mar 2025?
A: Digi Communications N.V. announced that its subsidiaries have secured new credit facilities. Digi Romania signed two export credit agreements totaling approximately EUR 54.77 million for network expansion in Romania and Portugal, while Digi Spain secured a EUR 275 million credit facility for refinancing, capital expenditure, and working capital.

Q: Which subsidiaries are involved?
A: The agreements involve Digi Romania S.A. and Digi Spain Telecom, S.L.U.

Q: How much funding did Digi Romania secure, and what are its terms?
A: Digi Romania secured two export credit facilities amounting to a total of EUR 54,766,340.98. Both credits have a maturity of four years, starting on 30 April 2025 and 30 June 2025 respectively.

Q: What will Digi Romania use the funds for?
A: The funds will be used to expand the telecommunications networks of Digi Romania and its subsidiary in Portugal.

Q: What are the details of Digi Spain’s credit facility?
A: Digi Spain signed a credit facility agreement for EUR 275 million with a five-year tenor. The funds will be used to refinance existing debt, invest in capital expenditures in Spain, and support general corporate and working capital needs.

Q: Which banks participated in Digi Spain’s credit facility?
A: The agreement was arranged with Banco Santander S.A., Banco Bilbao Vizcaya Argentaria S.A., and ING Bank N.V., along with a syndicate of banks acting as original lenders.

Q: When were these agreements signed?
A: Digi Romania’s agreements were signed on 27 March 2025, and Digi Spain’s facility was signed on 28 March 2025.

Q: How does this news affect Digi Communications N.V.?
A: The secured facilities underline Digi Communications’ commitment to expanding and modernizing its network infrastructure, reinforcing its position as a leading European telecom provider across multiple markets.

Q: In which countries does Digi Communications operate?
A: Digi Communications operates in Romania, Spain, Italy, Portugal, and Belgium.

Q: Why is securing these credit facilities important?
A: Securing these facilities allows Digi Communications to invest in network expansion, enhance financial stability, and maintain a competitive edge in the rapidly evolving telecommunications market.

SOURCE: Digi Communications NV