(IN BRIEF) Digi Communications N.V. has announced the conclusion of an amendment agreement to the Facility Agreement by its Spanish subsidiary, Digi Spain Telecom S.L.U. The agreement allows for an additional term loan facility of EUR 100,000,000 to be made available to Digi Spain. The loan will have a duration of four years, until June 30, 2027. The funds from the loan will be used to finance capital expenditure on the fiber-optic network, including related equipment and infrastructure, in Spain, as well as associated personnel costs. Digi Communications N.V. is a leading European telecommunications solutions provider, offering services in Romania, Spain, Italy, and Portugal.
(PRESS RELEASE) BUCHAREST, Romania, 29-Jun-2023 — /EuropaWire/ — Digi Communications N.V. (The Company) would like to inform its investors and the market that on 29 June 2023, Digi Spain Telecom S.L.U. (“Digi Spain”), the Company’s Spanish subsidiary, acting as borrower (the “Borrower”), together with the Company and RCS & RDS S.A., as original guarantors, ING Bank N.V. and Banco Santander as bookrunners and mandated lead arrangers and a syndicate of banks acting as lenders, entered into an amendment agreement to the Facility Agreement dated 26 July 2021, under which it will be made available to Digi Spain, an additional term loan facility in amount of EUR 100,000,000, for a period equal to four years, until 30 June 2027.
The borrowed amount of the new term loan facility will be used by the Borrower for the financing of capital expenditure on the fiber-optic network (and related equipment and infrastructure) in Spain and for associated personnel costs.
About Digi Communications NV
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 and Portugal.
Contacts:
Digi Communications N.V.
Phone no: +4031 400 4444
investor.relations@digi-communications.ro
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