Romania’s telco Digi tops up credit facility with additional EUR 200 mln for capex
<p>Romanian telecommunications group Digi Communications (BVB: DIGI) announced on April 10 that its subsidiary Digi Romania concluded on April 9 a notification regarding an additional credit facility of EUR 200 million to a senior facility agreement dated April 21, 2023, according to a note sent by the group to investors.</p>

<p>The facility has a maturity of five years, and the borrowed amounts will be used by Digi Romania for capital expenditures and general working capital purposes.</p>

<p>ING Bank, London Branch, is the agent of the facility, and other financial institutions are lenders of the additional facility.&nbsp;</p>

<p>On April 21, 2023, the company concluded with ING Bank, BRD, Citibank Europe, Raiffeisen Bank and UniCredit, lead mandated arrangers, and other financial institutions listed as original creditors a senior facility agreement consisting of a term loan in an aggregate total amount of EUR 150 million, for a period not exceeding January 31, 2028, and a revolving loan of EUR 100 million for a period of three years from signing.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: the company)</em></p>