Deutsche Glasfaser secures €5.75 billion in new financing
by Harry Baldock, Total Telecom
Tuesday 14 December 21
The funds are being supplied by a consortium of banks and insurance funds, with the deal reportedly the largest fibre financing in Germany to date
German fibre operator, Deutsche Glasfaser, has announced this week that it has received fresh investment to the tune of €5.75 billion from a consortium of banks and pension funds.
The deal comprises a €3 billion loan, a capex facility of €2.5 billion, and a revolving credit facility worth €250 million. As part of the agreement, Glasfaser can later expand the line of credit by a further &euro…
German fibre operator, Deutsche Glasfaser, has announced this week that it has received fresh investment to the tune of €5.75 billion from a consortium of banks and pension funds.
The deal comprises a €3 billion loan, a capex facility of €2.5 billion, and a revolving credit facility worth €250 million. As part of the agreement, Glasfaser can later expand the line of credit by a further &euro…
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