This loan is a supplement to the credit facility agreement concluded by the company in July 2021, initially amounting to EUR132 million.
ING Bank acted as Mandated Lead Arranger. A stock market report shows the new loan will be used to fund capital expenditure in Spain and staff-related costs.
Law firm Filip & Company has assisted RCS & RDS S.A. and its subsidiary DIGI Spain Telecom S.L.U in contracting the loan. The Filip & Company team consisted of Alexandru Birsan (partner), Rebecca Marina (senior associate) and Smaranda Vacaru (senior associate).
“Digi continues to invest in state-of-the-art technology and constantly has network expansion and modernisation projects. It is one of the companies with Romanian capital that also invests a lot in the development of subsidiaries abroad. We are happy to have had the opportunity to work together again and we thank them for their trust”, said Alexandru Bîrsan, partner and coordinator of the M&A and Capital Markets department of Filip & Company.
The agent of the financing banks is Banco Santander of Spain.