0
General

RCS&RDS to launch 2 bond issues

Tuesday 11 October 2016 | 04:20 CET | News
Cable Communications System (CCS), the "mother" company of the cable operator RCS&RDS, will launch two bond issues in a bid to raise EUR 375 million and RON 1.43 billion on financial markets, writes local paper Ziarul Financiar citing a statement issued by the Standard and Poor's rating agency. The funds will be used to refinance debt and to significantly reduce currency exposure given that nearly 90 percent of revenues are obtained in RON and HUF, S&P explained.

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?



Categories: General
Companies: RCS&RDS
Countries: Romania
::: add a comment

Add comment

Please login or register to leave a 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

RCS Management wants to buy back 10% of RCS&RDS

Published 09 Nov 2016 12:33 CET | Romania
RCS Management, a company controlled by the owner of RCS & RDS, Zoltan Teszari, wants to buy back 10 percent of the capital of ...

RCS&RDS increases upload speeds, promotes internet packs

Published 21 Oct 2016 06:41 CET | Romania
RCS&RDS increased the upload speeds of its Digi Net Fiberlink 300, 500 and 1,000 tariff plans and reduced subscription rates by ...

RCS&RDS net profit jumps 300% in H1

Published 21 Oct 2016 06:38 CET | Romania
Romanian company RCS&RDS reached a turnover of RON 1.58 billion in H1 in Romania, that's up 26 percent over the previous year's ...

RCS&RDS' bonds issue well received in London

Published 17 Oct 2016 09:49 CET | Romania
Romanian company RCS & RDS' issue of bonds in RON and EUR was well received by the London market, writes local paper Ziarul ...

RCS&RDS mobile division turns operating profit

Published 11 Oct 2016 04:15 CET | Romania
Romanian operator RCS&RDS' mobile communications unit Digi Mobil managed to reach operating profit sooner than expected after ...





Calendar   /   Industry Events

25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
26 Jan Crown Castle Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Apple fiscal Q1
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan MTN Nigeria Q4 2021
27 Jan Elisa Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Comcast Q4 2021
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Charter Communications Q4
28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
31 Jan KPN Q4 2021
31 Jan Cirrus Logic Q3
31 Jan NXP Semiconductors Q4 2021
31 Jan NEC fiscal Q3
31 Jan Harmonic Q4
01 Feb Tele2 Q4
01 Feb A10 Networks Q4
01 Feb Vantage Towers fiscal Q3
01 Feb Vodacom fiscal Q3
01 Feb EA fiscal Q3
::: More Calendar Items