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EI Towers to issue EUR 250 mln bond

Friday 22 March 2013 | 15:29 CET | News
Italian tower operator EI Towers will issue an Eurobond with a nominal value of EUR 250 milion. The bond will expire on 31 December of this year. The final terms of the issue will be determined at the time of pricing, based on market conditions. The operator will use the issue to refinance the EI Towers Group and the operational management of the company. EI Towers ended 2012 with a 3.5 percent growth in revenues to EUR 232.6 million, while EBITDA was up 22.3 percent to EUR 95.2 million. Profits reached EUR 23.6 million, while net debt dropped to EUR 189.2 million from 229.1 million at the

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Categories: General
Companies: Mediaset
Countries: Italy
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