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Zegona Communications
Oakley advises Zegona on £100.5m equity fundraise
Sector:
Telecoms
Transaction Type:
Fundraise
Date:
February 2019
Deal Value:
£100.5m

Oakley Advisory Limited (“Oakley”), the independent corporate finance firm offering expert specialist advice across the TMT sector, has advised Zegona Communications plc (“Zegona” or the “Company”) on its £100.5m placing of new equity with global institutional investors.

The proceeds of the placing will enable Zegona to increase its ownership position in Euskaltel SA (“Euskaltel”), the leading telecommunications group in northern Spain.

The Oakley team, comprising Christian Maher and Victoria Boxall, acted as Financial Advisor and Co- Bookrunner on the deal.

Victoria Boxall, Director, Oakley, commented:

We are extremely pleased to have had the opportunity to advise Zegona on its latest equity fundraise. We are particularly proud to have successfully completed this transaction, which is one of the largest placings completed in the London market in recent months

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