0
General

MasMovil issues EUR 27 mln in five-year bonds

Wednesday 24 June 2015 | 15:10 CET | News
Spanish operator MasMovil has announced the successful placement of EUR 27 million in bonds addressed to qualified institutional investors. A total of 16 institutional investors subscribed for 270 corporate senior bonds at a nominal value of EUR 100,000 each. The bonds will mature on 30 June 2020 at an annual coupon of 5.50 percent, said the operator, adding that the proceeds will be used to finance new growth opportunities, including a convergent offer with 4G services and selected purchases of MVNOs.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Masmovil
Countries: Spain
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

EC approves Masmovil acquisition of Jazztel assets

Published 19 Oct 2015 10:05 CET | Spain
Spanish operator MasMovil Ibercom has announced that it has received formal approval from the European Commission of its deal ...

MasMovil sales up to EUR 59 mln in H1, buys YouMobile stake

Published 01 Oct 2015 10:35 CET | Spain
Spanish telecommunications provider MasMovil Ibercom reported revenues of EUR 59.0 million in the first half of the year, a ...

MasMovil revamps tariffs, adds low-cost 4GB data bundle

Published 02 Sep 2015 10:37 CET | Spain
Spanish MVNO MasMovil has updated its tariff portfolio, offering what it describes as the country's cheapest available 4GB data ...

MasMovil offers 50% extra data or calls this summer

Published 24 Jun 2015 10:04 CET | Spain
Spanish MVNO MasMovil has announced a promotion whereby new postpay or prepay users will be given 50 percent extra mobile data or ...

MasMovil to offer 4G services via Orange Spain network

Published 23 Jun 2015 15:19 CET | Spain
Spanish operator MasMovil has finally reached an agreement with Orange Spain to use its network to offer 4G services. The final ...

MasMovil closes Neo acquisition, adds 4G network

Published 18 May 2015 14:21 CET | Spain
Spanish telecommunications provider MasMovil Ibercom has closed the acquisition of 100 percent of business-focused telecoms ...

Spain regulator orders Orange to give MasMovil 4G access

Published 05 May 2015 09:38 CET | Spain
Spain's telecoms regulator CNMC has ordered Orange Spain to give rival operator MasMovil temporary access to its 4G network ...

Yoigo CEO hints at MasMovil deal

Published 04 May 2015 09:54 CET | Spain
The CEO of Spanish mobile operator Yoigo has suggested the company may have to purchase smaller rival MasMovil to continue ...

MasMovil unveils new flexible prepay tariff

Published 30 Mar 2015 15:24 CET | Spain
Spanish MVNO MasMovil has revamped its prepay tariff range, launching a new series of bundles under the name Tarifa Combina to ...

Regulator approves MasMovil's acquisition of Xtra Telecom

Published 10 Feb 2015 10:43 CET | Spain
Spain's communications regulator CNMC has provisionally approved MasMovil's acquisition of business-oriented operator Xtra ...

MasMovil to list on Spain's official stock market this year

Published 06 Feb 2015 15:05 CET | Spain
Spanish telecommunications provider MasMovil Ibercom has announced its intention to list on Spain's official electronic stock ...

MasMovil looking for 29% revenue increase by 2017

Published 26 Jan 2015 10:10 CET | Spain
Spanish telecommunications provider MasMovil Ibercom expects to increase its revenues by 29 percent over the next three years, ...