Edition:
India

Masmovil Ibercom SA (MASM.MC)

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

90.60EUR
18 Jan 2018
Change (% chg)

€-1.10 (-1.20%)
Prev Close
€91.70
Open
€91.80
Day's High
€91.80
Day's Low
€89.20
Volume
27,750
Avg. Vol
29,995
52-wk High
€95.00
52-wk Low
€26.20

Latest Key Developments (Source: Significant Developments)

Masmovil Says 100 Pct Of Bonds Under 68 Mln Euro Offer Is Repurchased
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - MASMOVIL IBERCOM SA ::SAYS 100 PERCENT OF THE BONDS ISSUED BY MASMOVIL BROADBAND UNDER TENDER OFFER HAS BEEN REPURCHASED.ON DEC. 14, 2017 MASMOVIL ANNOUNCED THE TENDER OFFER ADDRESSED TO ALL THE HOLDERS OF THE SENIOR SECURED BONDS IN AN AGGREGATE PRINCIPAL AMOUNT OF 68 MILLION EUROS nL8N1OF0PY.  Full Article

Masmovil sells mobile sites to Cellnex for 36 mln euros
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - MASMOVIL IBERCOM SA ::SAID ON TUESDAY AGREED TO SELL PASSIVE INFRASTRUCTURE IN 551 MOBILE TELECOM SITES TO CELLNEX FOR ABOUT 36 MILLION EUROS.SALE HAS NOT IMPLIED RELEVANT CAPITAL GAIN, ALLOWS SLIGHT REDUCTION IN OPEX FROM INTERNAL MANAGEMENT OF SITES.AGREEMENT IS PART OF ONGOING MOBILE NETWORK EFFICIENCY AND RATIONALIZATION PROCESS AND ASSET ROTATION POLICY.  Full Article

Masmovil Completes Refinancing Process Of 386 Mln Euro Senior Financing Arrangement
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - MASMOVIL IBERCOM SA ::COMPLETES REFINANCING PROCESS OF 386 MILLION EURO SENIOR FINANCING ARRANGEMENT.EXTENDED AVERAGE LIFE OF DEBT UNDER SENIOR FINANCING ARRANGEMENT IN APPROXIMATELY 12 MONTHS.  Full Article

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

BRIEF-Masmovil Says 100 Pct Of Bonds Under 68 Mln Euro Offer Is Repurchased

* SAYS 100 PERCENT OF THE BONDS ISSUED BY MASMOVIL BROADBAND UNDER TENDER OFFER HAS BEEN REPURCHASED