GlasfaserPlus’ € 2.15 Billion Infrastructure Financing

Freshfields Bruckhaus Deringer advised GlasfaserPlus GmbH on the deal.

GlasfaserPlus GmbH announced on a €2.15 billion infrastructure financing. The financing is provided by a syndicate of banks comprising BNP Paribas, LBBW, UniCredit, Crédit Agricole, National Westminster Bank and NatWest and consists of a Capex and a revolving credit facility.

GlasfaserPlus was established through a joint venture between Deutsche Telekom and IFM Global Infrastructure Fund. GlasfaserPlus has secured this financing to advance its planned fibre roll-out in rural areas of Germany.

Deutsche Glasfaser Group is the leading fiber broadband provider in rural Germany. As a FTTH pioneer and industry leader, Deutsche Glasfaser plans, builds and operates open-access fiber networks for private households, businesses and public institutions. 

The Freshfields team comprised partner Frank Laudenklos (Picture), Counsel Alexander Pospisil and Alexander Ruschkowski, Principal Associate Jessica McBride as well as Associates Laura Korndörfer and Lucas Lengersdorf (all Finance, Frankfurt). Tax law support was provided by Partner Martin Schiessl and Associates Julian Langner and Sebastian Jung (all Frankfurt).

Involved fees earner: Sebastian Jung – Freshfields Bruckhaus Deringer LLP; Laura Korndörfer – Freshfields Bruckhaus Deringer LLP; Julian Langner – Freshfields Bruckhaus Deringer LLP; Frank Laudenklos – Freshfields Bruckhaus Deringer LLP; Lucas Lengersdorf – Freshfields Bruckhaus Deringer LLP; Jessica McBride – Freshfields Bruckhaus Deringer LLP; Alexander Pospisil – Freshfields Bruckhaus Deringer LLP; Alexander Ruschkowski – Freshfields Bruckhaus Deringer LLP; Martin Schiessl – Freshfields Bruckhaus Deringer LLP;

Law Firms: Freshfields Bruckhaus Deringer LLP;

Clients: GlasfaserPlus GmbH;

Federica Tiefenthaler

Author: Federica Tiefenthaler