OTE taps markets securing record low interest rate

OTE telecom announced on Wednesday the conclusion on Tuesday of the bookbuilding process for the issuance of a 500 million-euro seven-year bond in international debt capital markets.
The issuance was strongly oversubscribed allowing tight pricing. The coupon was set at 0.875 percent, the lowest ever achieved, OTE stated.

Bulgarian Businessman Spas Rusev Targets Telekom Romania after Albania

The Bulgarian entrepreneur Spas Rusev has confirmed he is in talks to buy Telekom Romania.

Speaking to Capital, he added that because of the size of the possible transaction he is undertaking it with a partner.

Furthermore, he will at a future date also enter into talks to buy the Macedonian incumbent.