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Masmovil raises €57m financing

Connectivity BusinessbyConnectivity Business
July 13, 2016
in Financing, Space Services
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A subsidiary of Spanish MVNO Masmovil has raised €57m (US$63.2m) through a bond offering and financing from ZTE España to be used for the rollout of fixed broadband in the medium term. Masmovil Broadband has issued €30m (US$33.2m) worth of senior unsubordinated guaranteed bonds, carrying an annual coupon of 5.75% and maturing in July 2024. A subsidiary of Spanish MVNO Masmovil (BME:MAS) has […]

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