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Masmovil Ibercom SA (MASM.MC)

MASM.MC on Madrid SE C.A.T.S.

79.50EUR
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Masmovil Launches Repurchase Tender Offer Of 68 Mln Euros For Two Bond Issues
Friday, 15 Dec 2017 

Dec 14 (Reuters) - MASMOVIL IBERCOM SA ::SAID ON THURSDAY LAUNCHES TENDER OFFER OF REPURCHASE DIRECTED TO ALL HOLDERS OF SENIOR GUARANTEED BONDS FOR AGGREGATE TOTAL OF 68 MILLION EUROS, AT 5.75 PCT INTEREST AND MATURITY ON 21 JULY 2024.OFFER DIRECTED TO BONDS ISSUED IN JULY 21 2016 AND MARCH 10 2017.REPURCHASE PRICE FOR EACH BOND IS 113,75 PCT OF NOMINAL VALUE WITH ADDITIONAL 2.42 PCT OF ACCRUED INTEREST OF PERIOD BETWEEN JULY 28 AND DECEMBER 29.OFFER HAS NO MINIMUM ACCEPTANCE VALUE AND DEADLINE FOR ACCEPTANCE IS DECEMBER 29 WITH RESULTS ANNOUNCED ON JAN 2 2018.TO FINANCE PAYMENT OF REPURCHASE WITH NEW TRANCHE OF BANK FINANCING OF UP TO 78 MILLION EUROS AND RESIDUALLY WITH TREASURY AND CASH ACCOUNTS .  Full Article

Masmovil Ibercom updates 2017 guidance after Q3 results
Monday, 6 Nov 2017 

Nov 6 (Reuters) - MASMOVIL IBERCOM SA : :Q3 RECURRENT EBITDA 64 MILLION EUROS VERSUS 34 MILLION EUROS YEAR AGO.Q3 NET PROFIT 3.3 MILLION EUROS VERSUS LOSS 1.0 MILLION EUROS YEAR AGO.Q3 REVENUE 340.0 MILLION EUROS VERSUS 281.5 MILLION EUROS YEAR AGO.UPDATES 2017 GUIDANCE‍​.SEES 2017 RECURRENT EBITDA (BEFORE ONE-OFF COSTS) OF 235 MILLION EUROS VERSUS 119 MILLION EUROS IN 2016‍​.SEES FY GROWTH IN SERVICE REVENUES UP 18 PERCENT VERSUS PROFORMA YOY.TOTAL COMBINED NET INCREASE IN FIXED BROADBAND LINES, MOBILE POST-PAID LINES TO 800K LINES FROM PREVIOUS 500K LINES.‍​.  Full Article

Masmovil reaches deal with Orange for national roaming, site sharing and FTTH
Monday, 10 Oct 2016 

Masmovil Ibercom SA : Says it has reached an agreement with Orange Espagne SA for national roaming, site sharing and FTTH (Fiber to the home) .Terms of the deal, which are confidential, should allow Masmovil to achieve 100 percent of cost savings related to the acquisition of Yoigo (60 million euros; $67.21 million).  Full Article

Masmovil completes acquisition of Yoigo
Thursday, 6 Oct 2016 

Masmovil Ibercom SA :Says completes acquisition of 100 percent of Xfera Moviles SA ("Yoigo").  Full Article

Masmovil completes funding for Pepephone and Yoigo acquisitions
Monday, 1 Aug 2016 

Masmovil Ibercom SA : Says completes funding for acquisition of Pepephone and Yoigo .Says in total obtained 800 million euros ($892.6 million), 60 percent from debt and 40 percent from equity and equity-like.  Full Article

Masmovil sells 68,000 own shares at 19.55 euros per share
Wednesday, 27 Jul 2016 

Masmovil Ibercom SA :Said on Tuesday that it had sold a block of 68,000 own shares at 19.55 euros ($21.50) per share, aiming to partially satisfy the over-demand for its capital increase.  Full Article

Masmovil Ibercom completes capital increase of 160 million euros
Tuesday, 26 Jul 2016 

Masmovil Ibercom SA : Completes capital increase of 160 million euros ($175.95 million) . Placed 8.2 million shares at 19.55 euro per share to institutional and qualified investors . Says Providence is the main investor of the capital increase . Says, including previously announced convertible bonds issue, has obtained financing of 325 million euros .Says to use obtained funds to finance recent acquisitions of Pepephone and Yoigo.  Full Article

Masmovil reaches deal with Orange for joint investment in FTTH
Friday, 22 Jul 2016 

Masmovil Ibercom SA :Reaches deal with Orange for joint investment in new generation networks (FTTH).  Full Article

Providence Equity Partners to invest up to 200 mln euros in Masmovil
Friday, 15 Jul 2016 

Masmovil Ibercom SA : Providence Equity Partners LLC to invest from 165 million euros ($183.7 million)to 200 million euros in Masmovil through convertible debt instrument . If debt conversion occurs, Providence Equity Partners LLC will become its main shareholder . Debt instrument maturity is 8 years, coupon is 6.35 percent per year, conversion price is 22 eurper share .Conversion is voluntary and can only occur in 3.5 years from issuance.  Full Article

Masmovil issues 30 mln euro bonds and gets 27 mln euro financing
Tuesday, 12 Jul 2016 

Masmovil Ibercom SA : Masmovil Broadband reaches deal with ZTE Espana for financing of 27 million euros ($30.0 million) . Says financing from ZTE Espana is on similar conditions as 30 million euro bonds issued by Masmovil Broadband on Tuesday . Says simple senior unsubordinated bonds are due in July 2024 .Proceeds of the total of 57 million euros to be used for fixed broadband deployment of Masmovil Broadband in medium term.  Full Article

BRIEF-Masmovil Launches Repurchase Tender Offer Of 68 Mln Euros For Two Bond Issues

* SAID ON THURSDAY LAUNCHES TENDER OFFER OF REPURCHASE DIRECTED TO ALL HOLDERS OF SENIOR GUARANTEED BONDS FOR AGGREGATE TOTAL OF 68 MILLION EUROS, AT 5.75 PCT INTEREST AND MATURITY ON 21 JULY 2024