Masmovil (Lorca Telecom) : New bond issuance to fund the acquisition of Euskaltel
>Masmovil priced new notes to fund the acquisition of Euskaltel - The € 1.55bn tap of the secured notes 4% 2027 (expected ratings of B1/B) was priced yesterday at par to yield of 4% (in line with the IPT of 100%a) and the € 500m senior notes (expected ratings of Caa1/CCC+) at a yield of 5.125% (vs an IPT of 5.25% area). The tap of the secured notes was eventually downsized by € 200m to € 1.55bn and the new term loan B2 was upsized by the same amount to € 1.0bn. The...Masmovil Ibercom SA. Masmovil Ibercom SA, formerly World Wide Web Ibercom SA, is a Spain-based company primarily engaged in the telecommunication sector. The Company focuses on the sale and distribution services for Internet, Data Center and Telecommunications. The Company's product and services portfolio comprises Internet access through Asymmetric Digital Subscriber Line (ADSL) and Symmetric Digital Subscriber Line (SDSL) technologies, Internet domains and Domains Management and Registration Service through IberDNS application, Web hosting, virtual servers, dedicated servers, telephony services and routers. The Company also offers collocation services through two Internet Data Centers located in Madrid and San Sebastian. It operates through subsidiaries, such as Embou Nuevas Tecnologias SL and Ebesis Sistemas SL, among others. The Company owns a number of brand names, such as Pepephone, Yoigo and Llamaya.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.