Filip & Company has advised RCS & RDS and its Digi Spain Telecom subsidiary on a EUR 128 million five-year term loan for investment purposes. Reportedly, Freshfields' offices in Spain and the Netherlands advised RCS & RDS as well. Clifford Chance reportedly advised the financing banks, with Spain's Banco Santander acting as agent.
According to Filip & Company, “this loan is a supplement to the facility agreement concluded in July 2021, initially amounting to EUR 122 million.” The firm advised RCS & RDS and Digi Spain Telecom on that transaction as well (as reported by CEE Legal Matters on August 4, 2021).
Filip & Company also advised the group and its companies on securing two loans amounting to EUR 150 million in 2019 (as reported on October 16, 2019), the issuance of two series of senior secured bonds by RCS & RDS and Digi Communications N.V. in early 2020 (as reported on February 11, 2020), and on another two-loan deal in late 2020 (as reported by CEE Legal Matters on December 23, 2020).
Filip & Company’s team included Partner Alexandru Birsan and Senior Associates Rebecca Marina and Smaranda Vacaru.