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Digi Communications N.V. - DIGI

Facility concluded between the Digi Group and a syndicate of banks

Release Date: 2/2/2018 6:11:23 PM

IRIS Code: A7265


The Romanian Financial Supervisory Authority

Financial Instruments and Investments Sector

The Bucharest Stock Exchange

Regulated Spot Market, Category Int’l (Shares)




pursuant to Law no. 24/2007 on issuers of financial instruments and market operations and to the Romanian National Securities Commission Regulation no. 1/2006 on issuers and operations with securities, as subsequently amended and supplemented and the provisions of Article 99 of the Bucharest Stock Exchange Code, Title II, Issuers and Financial Instruments

Report date:

2 February 2018

Name of the issuing entity:


Statutory seat:

Amsterdam, The Netherlands

Visiting address:

Bucharest, 75 Dr. N. Staicovici, Forum 2000 Building, Phase I, 4th floor, 5th District, Romania

Phone/Fax number:

+4031.400.65.05/ +4031.400.65.06

Registration number with The Netherlands Chamber of Commerce Business Register and Dutch Legal Entities and Partnerships Identification Number (RSIN):

Registration number with The Netherlands Chamber of Commerce Business Register: 34132532/29.03.2000

RSIN: 808800322

Romanian Tax Registration Code:

RO 37449310

Share Capital:

EUR 6,918,042.52

Number of shares in issue:

100,000,000 (out of which (i) 65,756,028 class A shares with a nominal value of ten eurocents (€ 0.10) each and (ii) 34,243,972 class B shares, with a nominal value of one eurocent (€ 0.01) each)

Number of listed shares:

34,243,972 class B shares

Regulated market on which the issued securities are traded:

Bucharest Stock Exchange, Main Segment, Category Int’l (Shares)

Important events to be reported: Facility concluded between the Digi Group and a syndicate of banks partially refinancing the short-term loan from October 2017 (the 2017 Bridge Loan)

The Company would like to inform its investors and the market that, on 1 February 2018, RCS & RDS S.A. (the Company’s subsidiary in Romania – „RCS&RDS”), DIGI Tavkozlesi es Szolgaltato Korlatolt Felelossegu Tarsasag (RCS & RDS S.A.’s subsidiary in Hungary – „Digi Kft.”), as the borrowers, the Company, as a guarantor, Citibank N.A., London Branch and ING Bank N.V. as the arrangers, ING Bank N.V. as the facility agent, and several other financial institutions as the lenders have concluded a syindicated loan providing for three facilities in HUF, RON and EURO currencies (the „2018 Syndicated Facility”).

The 2018 Syndicated Facility is a medium-term loan agreement that partially refinances the 2017 Bridge Loan (for more details regarding the 2017 Bridge Loan, which was concluded in October 2017 as a short-term loan agreement, see for reference the current report issued by the Company to its investors and the market on 16 October 2017). The 2018 Syndicated Facility replaces the 2017 Bridge Loan for a corresponding value of approximately EUR 163,000,000 equivalent.

The 2018 Syndicated Facility is meant to be used by the Company and its subsidiaries for the same purposes as anticipated by the Company in October 2017. Part of the proceeds will be used for the financing of the acquisition by Digi Kft. of the Hungarian telecommunications operator Invitel Tavkozlesi Zrt. (with respect to the terms of which we have informed our investors and the market on 21 July 2017). The remainder is intended to be used for general corporate purposes and/or capital expenditures.

The 2018 Syndicated Facility has a maturity of 5 years. The interest rate is of 2.65% per annum plus the relevant applicable interbank offered rates.

Serghei Bulgac

Chief Executive Officer


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