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TIM: successfully signed a 1.5 bln euro bridge facility agreement with a maturity up to 18 months

The Group further strengthens its liquidity structure ahead of the closing of the NetCo transaction with strong support from leading global financial institutions

04/05/2024 - 08:00 AM

TIM announces that it has successfully negotiated and signed a bridge facility agreement for an amount of 1.5 billion euros with a maturity up to 18 months.

The transaction is aimed at covering re-financing needs until the closing date of the NetCo transaction and it presents conditions in line with the market benchmarks.

The Bookrunners of the facility are BNP Paribas, Credit Agricole CIB, Deutsche Bank, J.P. Morgan, Santander and UniCredit, with the latter also acting as Documentation Bank and Facility Agent. 

 

 

Rome, 5 April 2024

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