Filip & Company assisted RCS & RDS and its subsidiary DIGI Spain Telecom S.L.U with the contracting of a EUR 100 million four-year term loan. The new loan facility will be used to finance the capital expenditure for the development of the fibre optic network in Spain.
This loan is a supplement to the facility agreement concluded in July 2021, initially for EUR 132 million and increased in 2022 to EUR 260 million. This new loan brings the total amount to EUR 360 million. ING Bank N.V. and Banco Santander acted as mandated lead managers.
“Digi’s commitment to investment in cutting-edge technology, network expansion and upgrade projects, and the development of its subsidiaries abroad shows their dedication to staying at the forefront of innovation. We are glad to have had the opportunity to work as a team again and thank them for their trust”, said Alexandru Bîrsan, partner and coordinator of M&A and Capital Markets at Filip & Company.
The Filip & Company team that assisted RCS & RDS in this project consisted of Alexandru Bîrsan (partner), Rebecca Marina (senior associate), Camelia Ianțuc (senior associate) and Andrei Bănescu (associate).
Filip & Company has one of the most dynamic and experienced Banking and Financial Services practices and is ranked in the top tier by the prestigious Legal 500 publication. The team includes specialists with extensive and successful experience in complex financial markets transactions, gained in both domestic and international transactions.
