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TIM closing EUR 2.5 bln loan for Inwit-Vodafone towers merger - report

Tuesday 2 July 2019 | 09:27 CET | News
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) is close to finalising a EUR 2.5 billion from a group of banks to help it merge its towers with those of Vodafone Italia, according to two unnamed sources cited by Reuters. Lenders including UniCredit, Intesa Sanpaolo, Mediobanca, Goldman Sachs and BofA-Merrill Lynch are currently finalising a bridge-to-bond loan but other banks could join the deal, said the sources.

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Categories: Fixed
Companies: Inwit / Telecom Italia / TIM / Vodafone Italia
Countries: Italy
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