Operators

Digi gains €150m loan for bond payment

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Digi gains €150m loan for bond payment

Romanian operator group Digi Communications secured a three-year loan amounting €150 million to repay a €450 million bond due in 2025.

Local newspaper Bursa reported via SeeNews, the operator group bagged the loan from Dutch multinational bank ING , which had loaned Digi around €3 billion in the last 10 years.

“Funding is an important benchmark for Digi, and the attractive terms of the transaction highlight Digi’s high creditworthiness as well as their external shock-resistant business model,” said Andrei Dobre, ING Bank, Director of telecom, media and technology.

Digi is currently in the process of buying Telekom Romania from Greece-based OTE Group



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