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[iliad press release] iliad successfully completes a €650 million bond issue

Written by Customer Service on . Posted in Public Companies.

Paris, June 10, 2020ILIAD SUCCESSFULLY COMPLETES A
€650 MILLION BOND ISSUE
The iliad Group has today successfully completed a €650 million bond issue. 
With this bond issue, the Group has taken advantage of supportive market conditions to increase its liquidity and extend the maturity of its debt. The money raised will support the Group’s development in France and Italy and enable it to continue the roll-out of its fibre and mobile infrastructure.As a result, the iliad Group is ramping-up its 2024 Odyssey plan with confidence.About iliadFounded in 1999, in the space of 20 years the iliad Group has grown into a major telecommunications player in France and Italy, employing 11,000 people and generating €5.3 billion in revenues in 2019. As the parent company of Free – the inventor of triple play and the Freebox – iliad is an integrated fixed and mobile ultra-fast communications operator, standing out for its straightforward and innovative offerings. At the end-March 2020, the iliad Group had nearly 20 million subscribers in France (6.5 million fixed-line subscribers and 13.3 million mobile subscribers). In Italy – where the Group launched its business on May 29, 2018 under the iliad brand, becoming the country’s fourth mobile operator – it had over 5.8 million subscribers at end-March 2020. iliad is listed on Euronext Paris (ILD).To find out more: https://www.iliad.fr/en/To follow us:
Twitter @GroupeIliad
LinkedIn Free – Groupe iliad AttachmentCP_100620_Eng

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