Eir to raise €850m through refinancing

Eir to raise €850m through refinancing
Eir has reduced costs since Niel takeover. Pic: RollingNews.ie

A note from ratings agency Standard & Poor’s indicated that Eir would use some of the funds to pay €300m of dividends to shareholders

Telecoms group Eir has announced plans to raise a total of €850m through an issue of new bonds and a new debt facility.

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