Eurofiber raises EUR 195 mln with long-term bank loan

News Broadband Netherlands 19 SEP 2013
Eurofiber raises EUR 195 mln with long-term bank loan
Dutch operator Eurofiber announced a new long-term bank loan to finance its further growth in the Netherlands and Belgium. The EUR 195 million loan was agreed with Dutch banks ING, Rabobank and ABN Amro. The operator last year acquired investment group Doughty Hanson as its majority shareholder, while Reggeborgh still owns 20 percent. It has since continued to expand its fibre network, helped by the takeovers earlier this year of Unet, Isilinx and IsiConneXion. The company provides dark fibre links, Ethernet services and optical transmission over DWDM up to 800 Gbps, over a 14,000-km network.

Categories:

Companies:

Countries:

Related Articles