Digi Communications N.V. announces the conclusion of a Senior Facility Agreement by companies within Digi Group

(IN BRIEF) On June 3, 2024, Digi Communications N.V. announced that it, along with its Romanian subsidiary Digi Romania S.A. and Digi Spain Telecom S.L.U., has finalized a Senior Facility Agreement. This agreement includes a term loan of EUR 150 million, arranged and underwritten by ING Bank N.V., with a maturity of three years. The loan will be used to refinance EUR 450 million in Senior Secured Notes issued by Digi Romania, which are due in 2025.

(PRESS RELEASE) BUCHAREST, Romania, 3-Jun-2024 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, would like to inform the market that on, June 3, 2024, the Company together with Digi Romania S.A., its subsidiary in Romania (“Digi Romania”), as borrowers and original guarantors, Digi Spain Telecom S.L.U. as original guarantor, ING Bank N.V. as underwriter, mandated lead arranger, bookrunner and original lender and ING Bank N.V., London Branch as facility agent have concluded a term loan of EUR 150,000,000, with a maturity of 3 (three) years after the first utilisation date. The borrowed amounts may be used by the Company and Digi Romania towards the refinancing of the EUR 450,000,000 Senior Secured Notes issued by Digi Romania, which are due in 2025.

About Digi Communications N.V.

We are an 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 for Digi Communications N.V.’s Senior Facility Agreement:

1. What did Digi Communications N.V. announce on June 3, 2024?
Digi Communications N.V. announced the conclusion of a Senior Facility Agreement involving a term loan of EUR 150 million.

2. Who are the parties involved in this Senior Facility Agreement?
The parties include:

Digi Communications N.V.
Digi Romania S.A.
Digi Spain Telecom S.L.U.
ING Bank N.V.
ING Bank N.V., London Branch

3. What is the purpose of this term loan?
The borrowed amounts are intended to be used for refinancing the EUR 450 million Senior Secured Notes issued by Digi Romania, which are due in 2025.

4. What are the roles of ING Bank N.V. in this agreement?
ING Bank N.V. serves as the underwriter, mandated lead arranger, bookrunner, and original lender. ING Bank N.V., London Branch is the facility agent.

5. What is the maturity period of the term loan?
The term loan has a maturity period of three years from the first utilization date.

6. Why is this refinancing necessary?
The refinancing aims to manage and extend the debt maturity profile of the company, ensuring financial stability and flexibility.

7. What is the total amount of the term loan?
The term loan amounts to EUR 150 million.

8. What regions does Digi Communications N.V. operate in?
Digi Communications N.V. operates in Romania, Spain, Italy, Portugal, and Belgium.

9. What does Digi Communications N.V. specialize in?
Digi Communications N.V. is a European leader in geographically-focused telecommunication solutions and is a leading provider of telecommunication services.

10. Where can more information about Digi Communications N.V. be found?
More information can be found on their website: Digi Communications N.V..

These FAQs provide a comprehensive overview of the recent announcement by Digi Communications N.V. regarding their Senior Facility Agreement.

SOURCE: Digi Communications NV

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