OTE concludes EUR 300 mln financing package with EIB

Tuesday 11 July 2017 | 06:47 CET | News
OTE announced that Cosmote, 100 percent subsidiary of OTE, entered into a EUR 150 million bilateral term loan with the European Investment Bank (EIB) and an agreement with the European Bank for Reconstruction and Development (EBRD) to raise a further EUR 150 million as a syndicated facility. OTE will use the funds to provide additional liquidity for Cosmote's mobile broadband network coverage and capacity expansion investments in Greece.

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Categories: Mobile & Wireless
Companies: Cosmote / OTE
Countries: Greece
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