0
General

Tiscali confirms subscription of EUR 17 mln bond

Thursday 8 September 2016 | 10:38 CET | News
Italian operator Tiscali has announced that Rigensis Bank AS and Otkritie Capital International Limited each subscribed to 17 convertible bonds with a nominal value of EUR 500,000 each, for a total of EUR 17 million. The convertible bond issue was approved by shareholders on 05 September and will have a duration of four years and a fixed price of EUR 0.06 per share for conversion into ordinary shares. A further EUR 1.5 million will be placed with qualified investors before January 2017, added the operator in a statement.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Tiscali
Countries: Italy
::: add a comment

Add 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

Italy's Tiscali targets 1 mln customers by 2020 - CEO

Published 20 Jan 2017 08:52 CET | Italy
Italian operator Tiscali is aiming to increase its customer base to 1 million by 2020, up from the current figure of around ...

Tiscali outsources IT to Engineering

Published 27 Dec 2016 12:17 CET | Italy
Tiscali announced an agreement to outsource its IT services to Engineering Ingegneria Informatica. The seven-year deal is ...

Tiscali, Huawei to build fixed wireless network in Italy

Published 23 Sep 2016 08:37 CET | Italy
Tiscali and Huawei have announced an agreement build a 4.5G LTE TDD Fixed Wireless access network on the 3.5GHz frequency ...

Italy's Tiscali, SosTariffe launch low-cost mobile plans

Published 05 Sep 2016 09:36 CET | Italy
Popular Italian price comparison site SosTariffe has announced a partnership with Tiscali to offer its readers two low-cost ...

Tiscali names new chairman, approves EUR 18.5 mln bond

Published 25 Jul 2016 10:09 CET | Italy
Italian operator Tiscali has announced the appointment of Alexander Okun as chairman of its board of directors following the ...

Tiscali signs up for Enel's Italian broadband project

Published 21 Jul 2016 12:48 CET | Italy
Tiscali said it agreed a partnership deal which will give it access to the wholesale fibre network Enel Open Fiber (EOF) is ...

Tiscali secures EUR 88 mln loan to refinance senior debt

Published 30 Jun 2016 09:13 CET | Italy
Italian operator Tiscali has signed a EUR 88 million senior debt refinancing agreement with Banca Intesa Sanpaolo and Banca ...

Tiscali founder Soru handed 3-year jail term for tax evasion

Published 05 May 2016 15:32 CET | Italy
Renato Soru, the founder and president of Italian operator Tiscali, has been handed a three-year jail term for tax evasion by a ...

Tiscali revenues down 5% to EUR 202 mln in 2015

Published 28 Mar 2016 12:40 CET | Italy
Tiscali Group's revenues dropped 5 percent in 2015 to EUR 202.1 million. Internet access and voice services, the Italian group's ...





Calendar   /   Industry Events

24 Feb Arlo Q4 2019
24 Feb Palo Alto Networks fiscal Q2
25 Feb Iridium Q4 2019
25 Feb Infinera Q4 2019
25 Feb Millicom Q4 2019
25 Feb American Tower Q4 2019
25 Feb Utility Telecoms 2020
26 Feb Crown Castle Q4 2019
26 Feb Syn Q4 2019
26 Feb Avast FY results
26 Feb Box Q4 2019
26 Feb Orbcomm Q4 2019
26 Feb Sina Q4 2019
26 Feb Weibo Q4 2019
26 Feb Shentel Q4 2019
27 Feb Zoom Telephonics Q4 2019
27 Feb Telesat Q4
27 Feb Dell Technologies fiscal Q4
27 Feb VMware fiscal Q4
27 Feb Cogent Communications Q4 2019
27 Feb Cable One Q4 2019
27 Feb Neophotonics Q4 2019
27 Feb Baidu Q4 2019
27 Feb Netia Q4 2019
27 Feb Sunrise Q4 2019
27 Feb Interxion EGM
28 Feb Tecnotree FY 2019
28 Feb Masmovil Q4 2019
28 Feb Freenet Q4 2019
02 Mar GTT Q4 2019
::: More Calendar Items