RCS&RDS seeks funding

Digi TVRomania’s RCS&RDS is aiming to attract €500 million in investment through a bond issue.

According to ZF, it is already employing a consortium of banks to arrange the transaction.

Market sources say that the consortium is led by JP Morgan and the team is part of Este Group.

RCS&RDS is the leading cable and DTH operator in Romania and also has TV interests in several other CEE markets, operating under the Digi brand.

However, this year alone it has pulled out of both Croatia and Slovakia.