Filip & Company assists Digi Group in the acquisition of two loans of over 117 million euros and 50 million euros respectively

Filip & Company assisted Digi Group with the signing of two export credit facility agreements amounting to over 117 million euros intended to finance the acquisition of goods and services for the development of the telecommunications networks in Romania and Portugal operated by the company’s subsidiaries.

Filip & Company concurrently assisted Digi Spain Telecom SLU (a subsidiary of Digi in Spain), as borrower, in the signing of a 50 million euros uncommitted and unsecured credit facility agreement with Banco Santander S.A. to finance their working capital needs.

“Digi continues to invest in cutting-edge technology and is constantly pursuing projects to upgrade its networks. In fact, it is one of the Romanian companies that allocates significant resources to the development of its foreign subsidiaries. We are happy to have had the opportunity to work together 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 Digi Group on this project was coordinated by Alexandru Bîrsan (partner) and Rebecca Marina (counsel) and included Andrei Bănescu (associate) and Sandra Danciu (associate).