ABN AMRO has secured a £ 1.42bn ($ 1.12bn ) debt package to fund the first phase of its full fibre deployment across the London . up to five million European banks have backed the deal, which is the largest debt financing package to fund full fibre infrastructure in the UK ’s history. The company’s access to the debt market is an important milestone in the creation of a large-scale, open-access platform.
CityFibre has secured a £1.12bn ($1.42bn) debt package to fund the first phase of its full fibre deployment across the UK. Seven European banks have backed the deal, which is the largest debt financing package to fund full fibre infrastructure in the UK’s history. The company’s access to the debt market is an important milestone in the creation of a large-scale, open-access platform.