Polish mobile operator Polkomtel is in talks to sign a seven-year credit line, Telecompaper reports quoting local media PAP.
The credit line will reportedly be used to lower a high-interest E1.65bn bond and to repay short-term debt owed by Zygmunt…
Polish mobile operator Polkomtel is in talks to sign a seven-year credit line, Telecompaper reports quoting local media PAP.
The credit line will reportedly be used to lower a high-interest E1.65bn bond and to repay short-term debt owed by Zygmunt Solorz-Zak.
Earlier this week, Solorz-Zak’s investment company, Spartan Capital Holdings, received regulatory approval to buy Polkomtel for PLN18.1bn (US$5.6bn).
A PLN13.3bn (E3.33bn) debt package was put together by Credit Agricole and Deutsche Bank as global coordinators. RBS and SG were bookrunners. PKO BP was initial mandated lead arranger.
Spartan Capital Holdings did not respond to request for comments and Polkomtel declined to comment.
