The Filip & Company Team has assisted RCS & RDS S.A., part of Digi Group, in contracting a syndicated financing consisting of a term loan in the amount of EUR 150,000,000, a revolving loan in the total amount of EUR 100,000,000 and one or more additional facilities in an aggregate amount of up to EUR 250,000,000 with maturity of up to 5 years. The borrowed amounts will be used for debt refinancing, capital expenditure, investment, general corporate purposes and working capital.
Digi Communications N.V. and Digi Spain acted as initial guarantors, while ING Bank N.V., BRD-Groupe Societe Generale S.A., Citibank Europe plc, Dublin – Romanian Branch, Raiffeisen Bank S.A. andUniCredit S.A were the mandated lead arrangers.
“RCS & RDS is a company that is always building, always renewing itself, always doing something for its customers and for the development of its network and services. Such a company also enjoys the trust of the banks, which is also evident in this new transaction. We are happy to have had the opportunity to work with them again and we thank them for their trust”, said Alexandru Bîrsan, Partner and Head of M&A and Capital Markets at Filip & Company.
The Filip & Company team that assisted RCS & RDS in this project consisted of Alexandru Bîrsan (partner), Rebecca Marina (senior associate), Camelia Ianțuc (senior associate) and Smaranda Văcaru (senior associate).