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General

Masmovil inks deal to repurchase EUR 883 mln Providence bond, refinance debt

Monday 1 April 2019 | 10:57 CET | News

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Spanish operator Masmovil has announced an agreement with private equity firm Providence Equity Partners for the repurchase of an outstanding convertible bond owned by funds advised by Providence. The operator said it intends to fund the transaction through a capital increase and debt issuance that are fully underwritten by Goldman Sachs and BNP Paribas.

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Categories: General
Companies: Masmovil
Countries: Spain
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