The Greek pay-TV operator Forthnet has issued two bond loans to refinance existent debt.
In a statement, it says that the first is for €78,461,538 and organised by the National Bank of Greece, Piraeus Bank, Alpha Bank and Attica Bank.
It has an eight-year maturity, with floating interest rate.
The second bond loan, under the same conditions, is for €176,538,462 and organised by National Bank of Greece, Piraeus Bank and Alpha Bank.
Forthnet has also approved a convertible bond loan of €99,087,466.50 with a pre-emption right or existing shareholders.
It has a nine-year maturity date and will contribute €70 million to the company’s refinancing.
