CityFibre closing in on existential £2bn funding — report
Leading UK fibre altnet reportedly close to securing long-anticipated new equity and debt refinancing, to support operations, organic expansion, and M&A consolidator credibility in overcrowded fibre sector. CityFibre says further details to come “shortly”…
This article includes:
- Organisations: AllPoints Fibre; Antin Infrastructure Partners; CityFibre; Connexin; Crédit Agricole; Fern Trading; Goldman Sachs Asset Management; Interogo Holding; Lit Fibre; Mubadala Investment Company; National Australia Bank; National Wealth Fund (NWF); NatWest; Societe Generale; UK government; UK Infrastructure Bank (UKIB); Virgin Media O2 (VM O2).
- Geographies: Europe; United Kingdom (UK).
- People: Simon Holden.
- Themes: Acquisitions; Altnets; Broadband; Consolidation; Debt; Equity; Equity investment; Fibre (FTTP); Fibre rollout; Financing; Fixed infrastructure; Fundraising; Homes passed; Investment; Loan; Mergers and acquisitions (M&A); Rural connectivity; Rural fibre; Strategy.
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