The CEO of Ono has announced that the Spanish pay-TV operator plans to list on the stock exchange within a yearÂ.
Rosalia Portela told journalists that Ono also plans a bond issue to help ease its debt load. Last week, the company completed the refinancing of a Â3.5bn syndicated loan. Shareholders also agreed a Â200m cash boost as part of the refinancing deal and approved the possibility of future bond issues to help pay down debt. Portela said a further bond issue would take place Âin the next three to six monthsÂ.