RCS & RDS Borrows 101 Million Euros From Banca Comerciala Romana

RCS & RDS SA, a Romanian telecommunications company, borrowed 101 million euros ($135 million) from Banca Comerciala Romana SA to refinance debt, the Bucharest-based bank said yesterday in an e-mail.

The loan is the first installment of a five-year, 300 million-euro syndicated credit from BCR, Credit Suisse Group AG (CSGN) and CEC Bank SA, according to the statement.

To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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