ECIJA advised Parlem Telecom on the offering.
Parlem Telecom issued a €3 million convertible bond to finance the company’s territorial expansion, which includes the opening of dozens of physical shops in Catalonia in the coming months.
The Catalan telecoms operator has reached an agreement with Private Equity firm Inveready, which has led the subscription of the bond along with Parlem Telecom’s other main investors.
Located in the 22@ district of Barcelona, Parlem Telecom is a cutting-edge operator that develops innovation projects, such as 5G pilots in the metropolitan area or artificial intelligence projects in Catalan, and at the same time is very involved in the promotion of the ICT sector in the country.
ECIJA advised Parlem Telecom with partner Xavi Muñoz (Picture) and associate Daniel Marrodán.
Law Firms: ECIJA;
Clients: Parlem Telecom;