Major Funding for Digi Romania
Digi Romania has successfully secured two export credit notes totaling €54.76 million aimed at enhancing its network infrastructure in both Romania and Portugal. This significant funding is part of a broader strategy to improve telecommunications services in these countries.
Loan Details
According to a recent announcement to investors from Digi Communications, the loans are set to commence on April 30 and June 30, 2025, with a maturity period of four years. This financial boost is expected to facilitate the expansion efforts of Digi's operations.
Additional Financing in Spain
In addition to the funds for Romania and Portugal, Digi Spain Telecom, SLU has entered into a €275 million credit facility agreement with a consortium of banks led by Banco Santander, Banco Bilbao Vizcaya Argentaria, and ING Bank. This five-year loan, finalized on March 28, will be used to refinance existing debt and support capital expenditures in Spain.
Digi's Operations
Digi operates telecommunication services across several countries, including Romania, Spain, Italy, Portugal, and Belgium, positioning itself as a competitive player in the European market.
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