18 Jan 2024 - eir announces the successful syndication of a new €200 million term loan facility

Syndication of new facility


Dublin, 18 January 2024

eir announces the successful syndication of a new €200 million term loan facility

eir announced today the successful syndication of a new €200 million term loan facility availed by
eircom Finco S.à r.l. ("Borrower”) as an incremental facility under its existing senior facilities
agreement. The new facility will be priced at par, and have substantially the same terms as, and will
be fungible with, the Borrower’s existing term loan facility (including with respect to the applicable
margin). The proceeds from the drawing under the new facility is intended to be used to partially
refinance the existing 1.75% Senior Secured Notes due November 1, 2024, at or prior to maturity.

 

ENDS

For queries please contact:
Press Office pressoffice@eir.ie
Investor Relations investor.relations@eir.ie

 

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.