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New financing from Eurobank, National Bank, and the Recovery Fund | TheGreekDeal.com
UNITED FIBER
New financing from Eurobank, National Bank, and the Recovery Fund
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United Fiber, a subsidiary of United Group which owns Nova, has finalized a financing agreement worth a total of €95 million with Eurobank and the National Bank of Greece as part of the National Recovery and Resilience Plan "Greece 2.0." Specifically, United Fiber (UF), a fully-owned subsidiary of United Group, the leading telecommunications and media provider in Southeast Europe, has secured a loan agreement with Eurobank and the National Bank as joint arrangers. Eurobank will additionally act as the Bondholders' Representative and will coordinate the financing legal documents to raise a total of €95 million under the National Recovery and Resilience Plan "Greece 2.0," with funding from the European Union – NextGenerationEU, as stated in a related announcement.

The signing ceremony for the loan agreement, which underscores the significance of the infrastructure plan developed by United Fiber for the country, took place at Eurobank's headquarters in Athens. It was attended by Orestis Kavalakis, Head of the Special Coordination Service for the Recovery Fund, Konstantinos Vasileiou, Deputy CEO and Head of Corporate & Investment Banking at Eurobank, Vasilis Karamouzis, General Manager of Corporate and Investment Banking at the National Bank, George Lamprou, CEO of Nova and board member of United Fiber, and George Angelousis, CEO of United Fiber.

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