DIGI-COMMUNICATIONS-N.V.
16.10.2017 09:27:11 CEST | Business Wire | Press release
The Company informs the market and its investors that, on 13 October 2017, RCS & RDS S.A. (the Company’s subsidiary in Romania – „RCS&RDS” ), DIGI Távközlési és Szolgáltató Korlátolt Felelősségű Társaság (RCS & RDS S.A.’s subsidiary in Hungary – „Digi Kft. ”), as the borrowers, the Company, as a guarantor, and Citibank N.A., London Branch and ING Bank N.V. as the arrangers, have concluded a short-term loan with two facilities in the aggregate amount of EUR 200,000,000 (the „2017 Bridge Loan ”).
One facility, in amount of EUR 140,000,000, was concluded for the purpose of financing the acquisition by Digi Kft. of the Hungarian telecommunications operator Invitel Tavkozlesi Zrt., with respect to the terms of which we have informed the market and the investors on 21 July 2017.
The other facility, in amount of EUR 60,000,000, was concluded for general corporate purposes.
The 2017 Bridge Loan has a maturity of 12 months. It can be extended for an additional period of up to 6 or 12 months.
For details regarding the current report, please access the official websites designated of Digi: http://investors.rcs-rds.ro and www.digi-communications.ro .
About Digi Communications NV
Digi is the parent holding company of RCS & RDS, a leading provider of pay TV and telecommunications services in Romania and Hungary. In addition, RCS & RDS provides mobile services as an MVNO to the large Romanian communities living in Spain and Italy.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171016005505/en/
Contact:
For Digi Communications NV
Serghei Bulgac
Phone no: +4031 400
4444
ipo.relations@digi-communications.ro
investor.relations@rcs-rds.ro
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