Romania’s RCS/RDS is holding an extraordinary meeting of shareholders today (December 22) to discuss the launch of a bond issue.
According to ZF, it would be worth €200 million and help the company address growing competition from UPC and Romtelecom. The bonds will be valid for a period not exceeding 10 years.
Today’s meeting will also discuss, amongst other things, the financial status of RCS/RDS after the first three quarters of this year.
RCS/RDS operates both the largest cable network and leading DTH platform in Romania.