The first is a Syndication and Amendment Agreement to the Facility Agreement originally concluded on June 3, 2024 with ING Bank N.V.
as underwriter, mandated lead arranger, bookrunner and original lender and ING Bank N.V., London Branch as facility agent, and targets to increase the existing total commitment of EUR150 million to EUR220 million, with a maturity of five years after the first utilization date. The agreement also targets to transfer by way of novation a part of the existing lender’s commitment to Banca Transilvania S.A., BRD – Groupe Société Générale S.A., Citibank Europe Plc, Dublin, Romania Branch, ING Bank N.V. Amsterdam – Bucharest Branch, Banca Comerciala Intesa Sanpaolo Romania S.A., Raiffeisen Bank S.A. and UniCredit Bank S.A., as new lenders, the report reads.
The second one is an Export Credit Facility Agreement in a total principal amount of EUR61,92 million with ING Bank N.V., as original lender, mandated lead arranger, agent and ECA agent, to be used with the purpose of financing the purchase of goods and services for developing the telecommunications networks of the Company’s subsidiaries in Romania, Spain, Portugal and Belgium, the report also shows.
The company is valued at RON6.3 billion and its biggest shareholder is Fondul de Pensii Administrat Privat NN (17.6%). DIGI shares have traded up 46.4% so far in 2024, amid deals worth RON321.6 million, stock market data show.