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General

Masmovil refinances EUR 386 million of senior debt

Thursday 21 December 2017 | 12:08 CET | News
Spanish operator Masmovil has announced the completion of a process to refinance EUR 386 million of senior debt subscribed in October 2016. The company said the average life of the debt under the arrangement has been extended by around 12 months and a single debt perimeter has now been created to include Masmovil Broadband and its subsidiaries. The new arrangement also provides greater financial flexibility to the Masmovil Group for its fixed and mobile infrastructure development programmes, incorporating a new tranche for the senior financing for an amount of up to EUR 150 million, said the

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Categories: General
Companies: Masmovil
Countries: Spain
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