According to a recent report, Digi Romania, the company's Romanian subsidiary, has obtained two export credit facilities worth a combined €54.7 million, with a maturity of 4 years. The funds will back the expansion of telecom networks in Romania and Portugal.
In a parallel move, Digi Spain Telecom, the Spanish subsidiary, has signed a credit facility agreement for €275 million. This agreement, involving Banco Santander, Banco Bilbao Vizcaya Argentaria, ING Bank, Sucursal en España, and a syndicate of banks, has a tenor of five years.
The funds are designated for refinancing existing facilities, capital expenditure in Spain, and general corporate and working capital needs.
The financing agreements underscore Digi's focus on growth and development across key European markets.
