Netherlands / Telecompaper
nos.
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From Telecompaper.
REPORT / 01Recent coverage
Nos refinances EUR 380 mln in bank loans
Portuguese telecommunications operator Nos has concluded refinancing operations totaling EUR 380 million with Banco BPI, Caixa Geral de Depositos (CGD), and Millennium bcp, according to a statement filed with the securities regulator. The new bullet-structure debt instruments carry maturities of four, five, and six years, replacing existing credit lines to extend the company's average debt maturity, boost liquidity, and lower capital costs. Contracting these facilities brings over 90 percent of
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