Digi Communications N.V. confirms the full redemption of €450,000,000 Senior Secured Notes

Digi Communications N.V. is confirming the full redemption of the Senior Secured Notes issued by the Company’s Romanian subsidiary and due in 2025, in principal amount of €450,000,000

(IN BRIEF) On 30 September 2024, Digi Communications N.V. announced the full redemption of its €450,000,000 Senior Secured Notes due in 2025, issued by its Romanian subsidiary, Digi Romania S.A. This follows a prior notice of redemption published on 16 September 2024, confirming the satisfaction of the financial conditions for the redemption. Digi Communications is recognized as a European leader in telecommunications, primarily serving Romania and Spain, with operations also in Italy, Portugal, and Belgium.

(PRESS RELEASE) BUCHAREST, Romania, 30-Sep-2024 — /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, following the report published on 16 September 2024 regarding the notice of redemption and the satisfaction of the financial condition, on 27 September 2024, Digi Romania S.A., the Company’s Romanian subsidiary has redeemed in full the outstanding 2.5% Senior Secured Notes due in 2025, in principal amount of €450,000,000.

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:

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

Website:

Logo:

Digi Communications NV logo

FAQs 

1. What is the recent announcement made by Digi Communications N.V.?
Digi Communications N.V. announced the full redemption of its €450,000,000 Senior Secured Notes due in 2025, issued by its Romanian subsidiary, Digi Romania S.A.

2. When was the redemption of the Senior Secured Notes completed?
The redemption was completed on 27 September 2024.

3. What was the principal amount of the Senior Secured Notes redeemed?
The principal amount of the Senior Secured Notes redeemed was €450,000,000.

4. What was the interest rate on the Senior Secured Notes?
The Senior Secured Notes had an interest rate of 2.5%.

5. Why was the redemption announced?
The redemption followed a notice published on 16 September 2024, confirming that the financial conditions required for redemption had been satisfied.

6. What is Digi Communications N.V.?
Digi Communications N.V. is a European leader in telecommunications, primarily providing services in Romania and Spain, with additional operations in Italy, Portugal, and Belgium.

7. How does Digi Communications rank in the telecommunications market?
Digi Communications is recognized as a leading provider of telecommunications services based on the number of revenue-generating units (RGUs) in its markets.

SOURCE: Digi Communications NV