www.WirelessFederation.com/news: MTS, the Russian mobile operator, is seeking a 8.5 year syndicated loan of up to $1 billion at LIBOR plus 35 basis points.
The banking sources reveal that MTS had mandated Calyon, ING, Raiffeisen and Nordic Investment Bank (NIB). A spokeswoman for MTS said the mandate has been issued by declined to give any detail. She said the loan agreeement may be signed in the autumn.
The sources further unveil that MTS also intended to use the funds to buy telecoms equipment from Swedish Ericsson and the loan will be guaranteed by Sweden’s Export Agency.
On 07.13.09, In Mobile, By Editor
On 04.06.09, In Mobile, By Editor
www.WirelessFederation.com/news: Telekom Slovenije has received the fund to purchase Macedonian mobile operator Cosmofon and refinance older liabilities. Two credits totalling EUR 295 million were collected by a consortium of eight European banks, including BNP Paribas, ING Bank, Raiffeisen Zentralbank Osterreich, Societe Generale, Unicredit, WestLB, London Branch, Calyon and KBC Bank. The incumbent intends to use around EUR 190 million to fund the takeover of Cosmofon, and the remaining EUR 105 million to refinance debt.