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General

Masmovil prices EUR 2.25 bln two-part bond to fund Euskaltel buy

Wednesday 6 October 2021 | 09:18 CET | News
Spanish operator Masmovil has announced the final terms of two bonds issued to fund its recent takeover of Spain's fifth biggest telecommunications operator Euskaltel. The company said the bonds have been issued under companies called Lorca Telecom Bondco and Kaixo Bondco Telecom, with the first offering priced at EUR 1.55 billion for 4 percent senior secured notes due 2027 to be issued at 100 percent of their nominal value, while the second offering is priced at EUR 500 million for 5.125 percent senior notes due 2029 to be issued at 100 percent of their nominal value.

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Categories: General
Companies: Euskaltel / Masmovil
Countries: Spain
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