Tag Archives: Syndicated Facility Agreement

Assets, Business, Financial, Financial Information, Financial Management, Financial Statements, Funds, Investment, Money, Profits, Revenues, Stocks, Trading

RCS & RDS S.A., Digi Communications N.V. subsidiary in Romania, signs a senior facility agreement with several financial institutions

BUCHAREST, Romania, 24-Apr-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform its investors and the market that on, 21 April 2023, RCS & RDS S.A. (the Company’s subsidiary in Romania – “RCS &RDS”), as borrower, the Company and Digi Spain Telecom S.L.U. as original guarantors and ING Bank N.V., BRD-Groupe Societe Generale S.A., Citibank Europe plc, Dublin – Romania Branch, Raiffeisen Bank S.A. and UniCredit S.A., as mandated lead arrangers, other financial institutions listed therein as original lenders have concluded a senior facility agreement (the “SFA”) consisting of: (i) a term loan facility in a total aggregate amount of EUR 150,000,000, for a period not exceeding 31 January 2028; (ii) a revolving credit facility in a total aggregate amount of EUR 100,000,000, for three years from the signing of the SFA, and (iii) one or more incremental facilities not exceeding in aggregate EUR 250,000,000 which may be established and made available in accordance with the SFA. The borrowed amounts may be used by the Company’s Romanian subsidiary for the purposes of debt refinancing, capital expenditure, investments, general corporate and working capital purposes.

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.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Statements, Investment, Stocks, Trading

Digi Group signs EUR 150,000,000 syndicated facility agreement

BUCHAREST, Romania, 31-Jul-2019 — /EPR FINANCIAL NEWS/ — The Company would like to inform its investors and the market that, on 30 July 2019, RCS & RDS S.A. (the Company’s subsidiary in Romania – „RCS&RDS”), as borrower and original guarantor, Digi Távközlési és Szolgáltató Korlátolt Felelősségű Társaság (RCS & RDS S.A.’s subsidiary in Hungary – „Digi Kft.”), as borrower and original guarantor, the Company, as borrower, original guarantor and parent, Invitel Távközlési Zrt, as original guarantor, Citibank, N.A., London Branch, ING Bank N.V. and Unicredit Bank S.A., as mandated lead arrangers, Unicredit Bank S.A., as original issuing bank, and ING Bank N.V. as the agent of the other finance parties and several other financial institutions as original lenders, have concluded a syndicated multicurrency facility agreement consisting of two facilities in RON, EUR and HUF (the „Syndicated Facility Agreement”).

The Syndicated Facility Agreement is granted for 12 months, with the possibility of extension up to 24 months from the execution date of the Syndicated Facility Agreement. The value of the Syndicated Facility Agreement is EUR 150,000,000 and may be increased up to EUR 250,000,000 (or its equivalent in other currencies).

The Syndicated Facility Agreement is meant to be used by the Company and its subsidiaries for the purpose of investments.

For details regarding the reports, please access the official websites designated of Digi: www.digi-communications.ro (Investor Relations Section).

SOURCE: EuropaWire