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Broadband

Open Fiber confirms EUR 500 mln loan for FTTH rollout

Monday 7 August 2017 | 09:20 CET | News
The Open Fiber wholesale-only venture of Italian utility Enel and state lender CDP has signed a EUR 510 million, 15-month bridge loan with BNP Paribas, UniCredit and SocGen to support its broadband investment plans. In a statement, the company said the loan is part of a EUR 3.5 billion project financing deal structured by the same banks and involving additional financial institutions, "representing one of the biggest operations of this nature in Europe".

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Categories: Fixed
Companies: Open Fiber
Countries: Italy
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