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Broadband

Deutsche Glasfaser raises EUR 650 mln, surpasses 180,000 customers

Wednesday 31 January 2018 | 11:52 CET | News
Deutsche Glasfaser said it raised EUR 650 million In borrowed capital "at excellent market conditions" to increase its funding framework. The new round of financing replaces an existing line of EUR 225 million, while the number of banks who participated in the new financing round increased from six to 10. Deutsche Glasfaser's investors KKR and the Netherlands' Reggeborgh are planning to invest EUR 1.5 billion in Deutsche Glasfaer to enable the company to supply broadband internet to 1 million households and companies, it said.

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Categories: Fixed
Companies: Deutsche Glasfaser
Countries: Germany
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