Additionally, Digi Spain Telecom, S.L.U. (the company’s subsidiary in Spain – “Digi Spain”), and Banco Santander S.A., Banco Bilbao Vizcaya Argentaria S.A., ING Bank N.V., Sucursal en España, as bookrunners and mandate lead arrangers, and a syndicate of banks acting as original lenders, have signed on March 28, 2025 a credit facility agreement for an amount of EUR275 million, with a 5-year maturity from the date of the facilities agreement.
“The borrowed amounts will be used by Digi Spain, for the purposes of: (a) refinancing of the existing facilities under the facility agreement dated 26 July 2021, as further amended and restated; (b) capital expenditure in Spain; and (c) general corporate and working capital,” the report reads.
The telecom operator, held by businessman Zoltan Teszari, ended 2024 with revenues of EUR1.92 billion, compared with EUR1.7 billion in 2023, and profit of EUR540 million. The company is valued by investors at RON6.7 billion and its shares have gained 5% so far in 2025, amid deals worth RON70 million, as per stock market data.