Digi Communications offers EUR 5 mln loan to RCS&RDS

Friday 13 October 2017 | 11:10 CET | News
Digi Communications, the mother company of RCS&RDS, offers RCS&RDS a loan of EUR 5 million under a contract that runs from 15 September to 31 December, according to local paper Ziarul Financiar. Digi raised RON 944 million during an initial public offering held at the Bucharest stock exchange in the spring of 2017. The interest rate is 5.5 percent and the repayment term is at any time until 31 December. Also, the estimated reciprocal claims between the parties are RON 17.8 million. Digi's stock market capitalisation is RON 3.74 billion (EUR 815 million), that's 6.5 percent less than the

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Categories: General
Companies: Digi / RCS & RDS
Countries: Romania
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