11 Oct 2023 - eir announces extension of its Revolving Credit Facility

eir extends its Revolving Credit Facility.

eir is pleased to announce the extension of its €50m Revolving Credit Facility (RCF) by 5 years to October 2028. The RCF margin and other terms are unchanged.

ENDS

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About eir

eir is the largest provider of fixed line telecommunications services in Ireland, offering broadband, voice, TV, and data services to residential, small business, enterprise and government segments.

eir is the third largest mobile operator in Ireland in terms of revenue and customers. The company operates the eir mobile and GoMo services.

eir’s wholesale division, open eir, is the largest wholesale telecommunications operator in Ireland, providing products and services to national and international wholesale customers across a range of regulated and unregulated markets.

The Group generated reported revenue of €1.244 billion and adjusted EBITDA of €606 million in 2022.