News
14 June 2019

Red Electrica signs Hispasat acquisition facility

In:
Telecoms and Communications
Region:
Europe

Red Electrica Corporacion has raised a €500 million ($560 million) credit line to back its €949 million acquisition of an 89.68% stake in satellite company Hispasat from Abertis. The loan has a five-year tenor with an option to extend to seven and comes with a parent guarantee. The lender...

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