Digi Romania has received a significant financial boost to enhance its network infrastructure. The company secured two export credit notes totaling €54.76 million. This funding will be utilized to expand its operations in Romania and Portugal. The notes, which have a four-year maturity, are set to commence on April 30 and June 30, 2025, respectively.
This investment is part of a broader financial strategy. Digi Spain Telecom, SLU also signed a substantial €275 million credit facility agreement. A banking syndicate, spearheaded by Banco Santander, Banco Bilbao Vizcaya Argentaria, and ING Bank, facilitated this deal. This five-year loan, finalized on March 28, serves a dual purpose. It will refinance existing debt from a 2021 agreement and provide funding for capital expenditure in Spain.
Digi operates telecommunication services in Romania and Spain, with additional presence in Italy, Portugal, and Belgium. These recent financial arrangements signify Digi's continued commitment to growth and expansion within the European telecommunications market. The substantial investments highlight the company's confidence in its future prospects and its ambition to enhance its services and reach.