Digi Communications announces the conclusion of Facilities Agreements by companies from Digi Group
(IN BRIEF) Digi Communications has announced the finalization of two export credit facilities agreements totaling EUR 117,158,657.37 by RCS & RDS S.A. (its subsidiary in Romania) and Digi Spain Telecom S.L.U. The agreements aim to finance the purchase of goods and services for expanding the Romanian and Portuguese telecommunications networks. Additionally, Digi Spain Telecom SLU has concluded an uncommitted bridge facility agreement worth EUR 50,000,000 with Banco Santander S.A. for financing working capital.
(PRESS RELEASE) BUCHAREST, Romania, 14-May-2024 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, would like to inform its investors and the market that RCS & RDS S.A. (the Company’s subsidiary in Romania – “RCS & RDS”), as borrower, together with the Company and Digi Spain Telecom S.L.U. as original guarantors and Citibank Europe Plc., as original lender, have finalised on 14 May 2024 the signing of two export credit facilities agreements in a total amount of EUR 117,158,657.37, to be used with the purpose of financing the purchase of good and services for developing the Romanian and Portuguese telecommunications networks of the Company’s subsidiaries.
Additionally, Digi Spain Telecom SLU (the Company’s subsidiary in Spain – “Digi Spain”), as borrower and Banco Santander S.A., as lender, have concluded on 13 May 2024 an uncommitted bridge facility agreement in amount of EUR 50,000,000 to be used with the purpose of financing working capital.
About Digi Communications N.V.
We are an 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:
For Digi Communications NV
Phone no: +4031 400 4444
investor.relations@digi-communications.ro
Website:
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SOURCE: Digi Communications NV
💼💰📈 Digi Communications announces the conclusion of Facilities Agreements by companies from Digi Group https://t.co/oXk4u3sPwE #InvestorRelations #creditfacilities #financing #telecom pic.twitter.com/pI2D4ugJrA
— EuropaWire (@europawire) May 14, 2024
RCS & RDS S.A. as borrower, together with Digi Communications N.V. and Digi Spain Telecom S.L.U. as original guarantors and Citibank Europe Plc., as original lender, have finalised on 14 May 2024 the signing of two export credit facilities agreements in a total amount of EUR… pic.twitter.com/XXrbzxmHgE
— EuropaWire (@europawire) May 14, 2024
Additionally, Digi Spain Telecom SLU (Digi Communications N.V.’s subsidiary in Spain), as borrower and Banco Santander S.A., as lender, have concluded on 13 May 2024 an uncommitted bridge facility agreement in amount of EUR 50,000,000 to be used with the purpose of financing… pic.twitter.com/kNKBOM2jiz
— EuropaWire (@europawire) May 14, 2024
💼💰📈 FACILITIES AGREEMENTS
Digi Communications finalizes EUR 117M export credit facilities for telecom network expansion in Romania and Portugal. Digi Spain also secures EUR 50M bridge facility with Banco Santander for working capital#CreditFacilities #Financing
— EuropaWire (@europawire) May 14, 2024
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