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Banks Eye $6 6 Billion Debt for Orange, Masmovil Joint Venture

(Bloomberg) Telecom giants Orange SA and Masmovil Ibercom SA are seeking to line up a debt package of up to 6 billion euros ($6.6 billion) to back a joint venture, creating one of the largest leveraged debt financings in the region, people familiar with the matter said.

Orange, Masmovil start negotiations to merger their operations in Spain

Orange said the JV would generate synergies that could reach 450 million euros from the third year after the closing of the operation

ORANGE and MASMOVIL enter into exclusive discussions to combine their operations in Spain

ORANGE and MASMOVIL enter into exclusive discussions to combine their operations in Spain | ORANGE and MASMOVIL (LORCA JVCO) announced today that they have entered into exclusive discussions to combine their businesses in Spain (1).

ORANGE and MASMOVIL enter into exclusive discussions to combine their operations in Spain

- ORANGE and MASMOVIL (LORCA JVCO) announced today that they have entered into exclusive discussions to combine their businesses in Spain (1). - The combinati…

Orange Spain announces merger plans with MásMóvíl

Leading telco aims to enhance its Spanish reach in joint venture, but fears emerge of anti-trust uncertainty in bid to consolidate Spanish telecoms market, leading to potential 18-month delay in completion.

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