Related Issuers
by Stephen Carter
Jan 27, 2020 6:30 AM ET
Emerging Markets: RCS & RDS SA (Digi Communications) EUR800m 144A/Reg S sr sec notes 2-part. Expect B1/BB-. Via Citi gloco (B&D)/ING/UniCredit joint books. NY Law. List Euronext Dublin. Settle T+5. Tranche split TBD.
- EUR TBA due 2025 (5y). NC2 (MWC B+50). Equity claw: 2y 40%. Reg S ISIN XS2107451069.
- EUR TBA due 2028 (8y). NC3 (MWC B+50bp). Equity claw: 3y 40%. Reg S ISIN XS2107452620.
Roadshow Jan 27-28 (Mon London 1-1s and lunch, Tues Paris breakfast and Frankfurt afternoon). Biz: leading provider of telecom services in Romania and Hungary, and significant MVNO operations and developing own fixed network in Spain. HQ: Bucharest, Romania.