Citibank has reportedly been appointed to manage the placement of US$200m worth of bonds for Romanian cable and DTH operator RCS&RDS.
TelecomFinance previously reported that RCS&RDS planned a bond issue mainly to reduce its debt. The new bonds are would…
Citibank has reportedly been appointed to manage the placement of US$200m worth of bonds for Romanian cable and DTH operator RCS&RDS.
TelecomFinance previously reported that RCS&RDS planned a bond issue mainly to reduce its debt. The new bonds are would mature in 2017.
RCS/RDS was founded in Romania in 2005 following the merger of Romania Cable Systems (RCS) and Romanian Data Systems (RDS), but operates across much of the Eastern European market. The company provides satellite TV, cable TV, broadband internet and mobile and landline telephony services, and is today the largest cable network and DTH platform operator in Romania.
The company was not immediately available for comments.
