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Masmovil Ibercom SA (MASM.MC)

MASM.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

Masmovil Launches Repurchase Tender Offer Of 68 Mln Euros For Two Bond Issues
Friday, 15 Dec 2017 01:50am EST 

Dec 14 (Reuters) - MASMOVIL IBERCOM SA ::SAID ON THURSDAY LAUNCHES TENDER OFFER OF REPURCHASE DIRECTED TO ALL HOLDERS OF SENIOR GUARANTEED BONDS FOR AGGREGATE TOTAL OF 68 MILLION EUROS, AT 5.75 PCT INTEREST AND MATURITY ON 21 JULY 2024.OFFER DIRECTED TO BONDS ISSUED IN JULY 21 2016 AND MARCH 10 2017.REPURCHASE PRICE FOR EACH BOND IS 113,75 PCT OF NOMINAL VALUE WITH ADDITIONAL 2.42 PCT OF ACCRUED INTEREST OF PERIOD BETWEEN JULY 28 AND DECEMBER 29.OFFER HAS NO MINIMUM ACCEPTANCE VALUE AND DEADLINE FOR ACCEPTANCE IS DECEMBER 29 WITH RESULTS ANNOUNCED ON JAN 2 2018.TO FINANCE PAYMENT OF REPURCHASE WITH NEW TRANCHE OF BANK FINANCING OF UP TO 78 MILLION EUROS AND RESIDUALLY WITH TREASURY AND CASH ACCOUNTS .  Full Article

Masmovil Ibercom updates 2017 guidance after Q3 results
Monday, 6 Nov 2017 02:38am EST 

Nov 6 (Reuters) - MASMOVIL IBERCOM SA : :Q3 RECURRENT EBITDA 64 MILLION EUROS VERSUS 34 MILLION EUROS YEAR AGO.Q3 NET PROFIT 3.3 MILLION EUROS VERSUS LOSS 1.0 MILLION EUROS YEAR AGO.Q3 REVENUE 340.0 MILLION EUROS VERSUS 281.5 MILLION EUROS YEAR AGO.UPDATES 2017 GUIDANCE‍​.SEES 2017 RECURRENT EBITDA (BEFORE ONE-OFF COSTS) OF 235 MILLION EUROS VERSUS 119 MILLION EUROS IN 2016‍​.SEES FY GROWTH IN SERVICE REVENUES UP 18 PERCENT VERSUS PROFORMA YOY.TOTAL COMBINED NET INCREASE IN FIXED BROADBAND LINES, MOBILE POST-PAID LINES TO 800K LINES FROM PREVIOUS 500K LINES.‍​.  Full Article

Masmovil H1 operating result turns to profit of 28.7 mln euros
Wednesday, 13 Sep 2017 01:47am EDT 

Sept 13 (Reuters) - Masmovil Ibercom SA ::Reported early on Wednesday H1 net sales of 609.2 million euros versus 71.3 million euros a year ago.H1 EBITDA at 87.3 million euros, recurring EBITDA 104.3 million euros.H1 operating profit at 28.7 million euros versus loss of 3.6 million euros a year ago.H1 net loss widens to 151.3 million euros versus loss of 8.7 million euros a year ago.Confirms its guidance for FY 2017 with 10 percent growth of revenue and 70 percent growth in recurring EBITDA, up to a level of 200 million euros.Active prepaid mobile phone clients at 4.54 millions at end-June, up by 0.26 million clients versus end-Dec..Active prepaid fixed broadband users 0.28 million clients at end-June versus 0.12 million clients at end-Dec..  Full Article

Masmovil announces agreement for refinancing of ACS convertible debt
Friday, 14 Jul 2017 01:56am EDT 

July 14 (Reuters) - MASMOVIL IBERCOM SA ::SAID ON THURSDAY IT HAS REACHED NEW AGREEMENT WITH ACS TELEFONIA MOVIL S.L. FOR REFINANCING OF CONVERTIBLE DEBT.SAYS DEBT WAS PART OF CONSIDERATION FOR ACQUISITION OF SHARES AND SHAREHOLDER LOANS OF XFERA MÓVILES S.A ("YOIGO").SAYS A CONTINGENT PAYMENT (EARN-OUT) OF UP 80 MLN EUROS TO BE ACCRUED WITH IMMEDIATE EFFECT.SAYS ELIMINATES THE NOTE'S VARIABLE INTEREST RATE OF 3% P.A. AND IMPLIES SAVINGS OF FUTURE CASH INTEREST PAYMENTS OF AROUND 12 MLN EUROS.SAYS TWO PREVIOUS CONVERSION WINDOWS TO BE REPLACED BY A SINGLE WINDOW UNTIL JUNE 30, 2021.SAYS POTENTIAL CONVERSION MIGHT RESULT IN ISSUANCE OF 4.8 MLN SHARES AT CONVERSION PRICE OF 41.67 EUROS PER SHARE, EQUAL TO IMPLIED NUMBER OF SHARES AFTER CONVERSION UNDER ORIGINAL NOTE IN FIRST WINDOW.  Full Article

Masmovil Q1 net loss widens to 41.8 mln euros
Thursday, 13 Jul 2017 12:06pm EDT 

July 13 (Reuters) - MASMOVIL IBERCOM SA ::Q1 NET LOSS 41.8 MILLION EUROS VERSUS LOSS 3.6 MILLION EUROS YEAR AGO.Q1 REVENUE 296.9 MILLION EUROS VERSUS 33.9 MILLION EUROS YEAR AGO.Q1 EBITDA 40.4 MILLION EUROS.NET DEBT OF 789.3 MILLION EUROS AT END-MAY VERSUS 700.4 MILLION EUROS AT END-DEC. 2016.  Full Article

Masmovil expects to list on main market on July 14 ‍​
Wednesday, 12 Jul 2017 08:31am EDT 

July 12 (Reuters) - MASMOVIL IBERCOM SA : :EXPECTS DELISTING OF ITS SHARES FROM ALTERNATIVE MARKET AND LISTING ON MAIN MARKET ON JULY 14.  Full Article

Masmovil Ibercom shareholders approve move to main stock exchange
Thursday, 22 Jun 2017 09:40am EDT 

June 22 (Reuters) - MASMOVIL IBERCOM SA ::SHAREHOLDERS APPROVE MOVE TO MAIN STOCK EXCHANGE FROM MAB, SPAIN'S ALTERNATIVE MARKET.  Full Article

Masmovil renews 10 mln euro promissory note issue
Thursday, 22 Jun 2017 01:50am EDT 

June 22 (Reuters) - MASMOVIL IBERCOM SA ::SAID ON WEDNESDAY THAT WITHIN THE PROMISSORY NOTE PROGRAM THE NOMINAL RATE HAD BEEN REDUCED FOR 8.8 MILLION EURO NOTES TO 0.80 PERCENT FROM 1.50 PERCENT .THE MATURITY PERIOD WAS EXTENDED FOR 1.2 MILLION EUROS NOTES TO 12 MONTHS FROM 6 MONTHS, A NOMINAL RATE OF 0.95 PERCENT(COMPARED TO 1.69 PERCENT OF THE LAST RENEWAL) .  Full Article

Masmovil signs strategic deal with Ericsson for development of its core network
Thursday, 8 Jun 2017 05:00am EDT 

June 8 (Reuters) - MASMOVIL ::SIGNS STRATEGIC AGREEMENT WITH ERICSSON FOR DEVELOPMENT OF ITS CORE NETWORK AND MANAGEMENT, SUPPORT AND FIBER SERVICES.  Full Article

Masmovil Ibercom FY net sales 401 mln euros vs 130 mln euros last year
Friday, 28 Apr 2017 02:49am EDT 

April 28 (Reuters) - Masmovil Ibercom SA ::FY reported net sales 401.0 million euros ($436.1 million) versus 130.2 million euros year ago.FY reported net loss 58.1 million euros versus loss 1.5 million euros year ago.FY reported recurring EBITDA 31.3 million euros versus 10.9 million euros year ago.FY pro forma recurring EBITDA 118.9 million euros versus 102.8 million euros year ago.Sees FY 2017 recurring EBITDA at over 200 million euros.Sees FY 2017 synergies and savings of over 60 million euros from new national roaming agreements.  Full Article

BRIEF-Masmovil Launches Repurchase Tender Offer Of 68 Mln Euros For Two Bond Issues

* SAID ON THURSDAY LAUNCHES TENDER OFFER OF REPURCHASE DIRECTED TO ALL HOLDERS OF SENIOR GUARANTEED BONDS FOR AGGREGATE TOTAL OF 68 MILLION EUROS, AT 5.75 PCT INTEREST AND MATURITY ON 21 JULY 2024