Slovenia’s Telekom Slovenije signed a €130mn long-term syndicated loan agreement last week with a syndicate of banks organised by Slovenia's biggest bank, NLB.
The loan will be used to repay the company’s bond issues and investments.
Other banks that will provide the syndicated loan include Banka Intesa Sanpaolo, SKB banka and UniCredit Banka Slovenija.
“By securing the long-term loan, Telekom Slovenije has ensured the necessary liquidity for the repayment of issued bonds in the amount of €100mn that fall due for payment in June 2021,” the telco said in a bourse filing on June 3.
A portion of the loan will also be earmarked for investments in connection with the continued implementation of the company’s strategy, it added.
The loan has a maturity of seven years and is divided into three tranches, two of €50mn and one of €30mn.
Telekom Slovenije is the biggest telecom company in Slovenia and is part of the Telekom Slovenije Group, which also comprises subsidiaries in other countries in the Southeast Europe.
A team of experts from the International Monetary Fund (IMF), led by Ruben Atoyan, will begin discussions with the authorities of the Republic of Moldova on September 27. This will be the Fund’s ... more
Kyrgyzstan's State Committee for National Security (SCNS) shut down 500 cryptocurrency mining farms, local news website site 24.kg reported on September 18. The ... more
The Russia-led Eurasian Development Bank (EDB) has won the prestigious international Environmental Finance's 2021 IMPACT Award in the energy category for the Atyrau street ... more