Monday, 28 May 2018

OTE Group concludes €300 million financing package for network investments

Total Telecom Staff
Tuesday 11 July 17

Greek operator COSMOTE has raised €300 million to fund investment in next generation network infrastructure

COSMOTE, a 100% subsidiary of OTE, has signed a €150 million bilateral term loan with the European Investment Bank (EIB) and an agreement with the European Bank for Reconstruction and Development (EBRD) to raise a further €150 million as a syndicated facility. Both loans are under the corporate guarantee of OTE…

COSMOTE, a 100% subsidiary of OTE, has signed a €150 million bilateral term loan with the European Investment Bank (EIB) and an agreement with the European Bank for Reconstruction and Development (EBRD) to raise a further €150 million as a syndicated facility. Both loans are under the corporate guarantee of OTE…

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