The bonds will be listed on the regulated market operated by Irish Stock Exchange plc (traded as Euronext Dublin).
“We are glad that we could be once again alongside Digi Group in yet another benchmark transaction. It is their fourth bond issue. The interest has practically dropped to a third since 2013, the total demand of investors grew spectacularly, the overall value of the bonds practically doubled, the terms got relaxed and we managed to bring the issue “home” – with RCS&RDS S.A. as issuer. And this somehow happened when markets were slumping because of to the coronavirus and we closed the transaction on the same day the Romanian government fell. We are proud of our client’s success and that we were able to contribute to it”, says Alexandru Bîrsan, partner at Filip & Company.
Filip & Company who assisted RCS & RDS and Digi Communications N.V. on this project was coordinated by Alexandru Bîrsan (partner) and Olga Niță (counsel) and included Roxana Diaconu (associate), Andreea Bănică (associate), Codrina Simionescu (associate) and Anca Bădescu (associate).
Filip & Company worked on this transaction alongside Freshfields Bruckhaus Deringer. The banks were assisted by Clifford Chance Badea and Cleary Gottlieb Steen & Hamilton LLP.
Filip & Company
Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have a wide experience in several domains, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance and capital markets but also labour law, personal data protection, consumer or environmental protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses.
Please visit www.filipandcompany.com. to find out more about Filip & Company’s expertise and team.