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Zegona Communications ( (GB:ZEG) ) has provided an announcement.
Zegona Communications has successfully repriced its €1.7 billion (reducing to €1.665 billion after FiberPass proceeds) Term Loan B facility due July 2029, cutting the all-in interest rate to 4.35% and trimming the margin by 50 basis points to 2.25% per annum while leaving other key terms largely unchanged. Management says the transaction, which it describes as the lowest-priced euro telco Term Loan B currently in the market, further lowers the company’s funding costs and supports its deleveraging trajectory, with annualised total interest now down by about €80 million since the start of its Vodafone Spain investment, underscoring strong credit market support for Zegona’s strategy and balance sheet.
The most recent analyst rating on (GB:ZEG) stock is a Hold with a £1438.00 price target. To see the full list of analyst forecasts on Zegona Communications stock, see the GB:ZEG Stock Forecast page.
Spark’s Take on GB:ZEG Stock
According to Spark, TipRanks’ AI Analyst, GB:ZEG is a Neutral.
The score is driven primarily by mixed financials: very strong free cash flow and solid EBITDA profitability, but materially offset by high leverage and ongoing net losses. Technicals are a secondary positive, showing a clear uptrend with supportive momentum. Valuation confidence is limited due to missing P/E and dividend yield data.
To see Spark’s full report on GB:ZEG stock, click here.
More about Zegona Communications
Zegona Communications plc is a London-listed investment company focused on the European telecommunications, media and technology sector, acquiring and improving businesses to generate shareholder returns. Led by former Virgin Media executives, the group significantly expanded its footprint in 2024 through the acquisition of Vodafone Spain, positioning it as a key player in Southern Europe’s telecoms market.
Average Trading Volume: 492,265
Technical Sentiment Signal: Buy
Current Market Cap: £10.19B
See more insights into ZEG stock on TipRanks’ Stock Analysis page.