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Pin to quick picksZegona Com Share News (ZEG)

Share Price Information for Zegona Com (ZEG)

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Share Price: 218.00
Bid: 218.00
Ask: 222.00
Change: 0.00 (0.00%)
Spread: 4.00 (1.835%)
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IN BRIEF: Zegona's Investee Euskaltel Refinances EUR215 Million Loan

Fri, 10th Jul 2020 15:01

Zegona Communications PLC - investment company focused on European telecoms - Investee Euskaltel has replaced its EUR215 million amortising debt with a new EUR215 million term loan with no amortisation before December 2023. With this change in the company's debt structure, Euskaltel eliminates all term loan repayments until December 2023. This transaction increases the average maturity of its corporate debt to over four years. This refinancing provides financial flexibility to increase investments in its Virgin national expansion plan and accelerate the realisation of profitable growth.

Current stock price: 116.01 pence

Year-to-date change: up 7.8%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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18 Mar 2016 13:25

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Zegona Communications buys Spain's Telecable de Asturias

(ShareCast News) - Shares in Zegona Communications jumped almost 10% on Monday, after it agreed to buy Spanish telecoms provider Telecable de Asturias SA for €640m. The company, which floated on London's main market in March, said the deal will be funded by £251m in new equity, as well as a new debt

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Zegona Strikes EUR640 Million Deal To Buy Spanish Telecoms Company

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