Telekom to borrow 700 mn euros
Telekom Serbia has announced it has started the procedure to secure a 700-million-euro loan.
Thursday, 15.02.2007.
17:54
Telekom to borrow 700 mn euros
Telekom Serbia acquired 65 percent of Telekom Srpska’s capital after submitting a bid worth 646 million euros, outbidding Telekom Austria, which offered 476 million.Citigroup’s mediation in Telekom’s move will be the company’s first engagement in a credit arrangement in Serbia.
Citigroup earlier announced it would open its representative office in the country in the first quarter of 2007.
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