Romania’s telecom operator Digi Communications (BVB: DIGI) announced on October 23 in a note to investors that it has increased the bond issue initially announced at EUR 500 million to EUR 600 million, setting an interest rate of 4.625% per year and maturity in 2031. Most of the money will be used for refinancing.<\/p>\n
The proceedings will cover the full redemption of the total nominal value of the senior secured bonds, worth EUR 400 million, with an interest rate of 3.25%, due in 2028, and partly early repayment of other facility agreements as well as of other short-term secured debt.<\/p>\n
It is anticipated that the bonds will be admitted to the official list of Euronext Dublin and admitted to trading on the regulated market operated by it. A prospectus regarding the Bonds issued will be made available to the public on the company’s website in due course.<\/p>\n
Digi Communications is valued by investors at RON 9.4 billion (EUR 1.8 billion).\u00a0<\/p>\n
The company ended the first half of 2025 with a profit of EUR 10 million, down 81% compared to the same period in 2024, while revenues increased by 21% y\/yr to EUR 1 billion.<\/p>\n