Business Forum • 23 October, 2025 at 11:00 AM
Digi Communications has announced that its Romanian subsidiary, Digi Romania, successfully priced an offering of senior secured notes.
The offering, which was upsized from the initial plan, amounts to €600 million in aggregate principal amount, carrying an annual interest rate of 4.625% and a maturity date of 2031.
The successful pricing took place on October 22, with the settlement of the notes anticipated to occur on October 29.
The newly issued notes are expected to be admitted to the official list of Euronext Dublin and commence trading on its regulated market.
The gross proceeds from the offering will be strategically utilised for a comprehensive refinancing plan. This plan involves several key actions, including the redemption of the entire outstanding principal amount of the existing €400 million, 3.25% senior secured notes due 2028.
A portion of the funds will also be used for the partial prepayment of other secured short-term debt, for general corporate purposes, and to cover all associated costs, expenses, and fees related to the Refinancing.
Barclays Bank Ireland and Citigroup Global Markets Europe served as the Joint Global Coordinators and Joint Physical Bookrunners for the Offering, while ING Bank, Banco Santander, Société Générale, and Unicredit Bank acted as Joint Bookrunners.