Sunday, 03 July 2022

Telekom Srbija eyes acquisitions as it issues €500m bond

by Harry Baldock, Total Telecom
Tuesday 12 April 22

The funds raised will be used to take advantage of merger and acquisition opportunities, as well as expanding the company’s infrastructure rollout

Today, Telekom Srbija has announced that it will issue a new €500 million Eurobond, likely in Luxembourg or Frankfurt.  According to company CEO, Vladimir Lucic, the bond will be used primarily to fund future acquisitions within the Balkans, with a smaller portion of the funds dedicated to expanding the company’s network infrastructure rollout. “This will open possibility for a quick reaction in case of any new acquisition opportunities in the region…

Today, Telekom Srbija has announced that it will issue a new €500 million Eurobond, likely in Luxembourg or Frankfurt.  According to company CEO, Vladimir Lucic, the bond will be used primarily to fund future acquisitions within the Balkans, with a smaller portion of the funds dedicated to expanding the company’s network infrastructure rollout. “This will open possibility for a quick reaction in case of any new acquisition opportunities in the region…

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